I keep hearing that the US is falling behind in science and technology. So what? What are the opportunity costs of gains in science? Less literature and music? Less idle time for the young? Less time spent home with family? Less values? Less joy? In the extreme, we will have a generation that can create the wonders of the future, but have no moral bearings as to if and how they should. It seems that often it is not more technology that is needed, but rather less. The problems of systemic obesity in the US will not be cured through the further implementation of food science, but through its significantly reduced application. The world will not be safer if we continue to master the splitting of the atom, but rather will only be secure if we remove the Damoclean nuclear threat by obliterating the technology used to achieve the feat in the first place. The advances in risk management technologies have not insulated our investments from wild swings, but rather have acted antipodal to this desire, creating unprecedented volatility and uncertainty: created systemic risk. Everywhere I look technology seems to be at the root of our problems; the very same technologies developed a generation before with the intent of fixing the problem leftover from the previous technologies, and so on and so forth. We have become drunk on technology and the misbegotten hangover is just starting to commence.
Quentin Tarantino Films
16 years ago