Also, I see for the queue has to be address of what seems to a growing obsession with innovation.

On one level I actually don’t think much will come of all of this talk, but its so widespread that just in expected value terms its worth addressing.

As a short introduction, it is certainly true that innovation is why our lives are so much more pleasant that those of our ancestors. But, it is a mistake to draw a straight line from innovation to improvements in living standards.

The innovation has to do something that matters and matters to a lot of people.

So before going wild over innovation, we might want to ask – what would you like to do?

Now to be sure there is innovation generated preference. I.E.: “If I had asked them what they wanted, they would have said a faster horse”

However, we should think about what it would really take to draw more out of this type of evolutionary process.