Modern civilization writes checks only continual technological development can cash. Our entire edifice is premised on the idea of long-term economic growth. And long-term economic growth is ultimately premised on the introduction and diffusion of new technologies. Whether it’s the expectation of consuming more for less or getting ever more public service without paying more tax, or the idea that we can unsustainably degrade the environment while life keeps getting better indefinitely, the bargain—arguably the grand bargain itself—needs technology.
