Back in September
Jim Rutt posted an interview with Pablos Holman on the topic – and his new book – on what he terms deep tech. Holman's central thesis is that we've gone too far down the software road, and while it's been a good road, we need to concentrate more on hardware and, you know, actually building cool stuff. Autonomous shipping, mosquito-zapping lasers, safe nuclear reactors, high-speed rail, the list goes on.
And he does have a valid point. In a 100 trillion dollar world economy, less than 5% is in the computer tech sector. However it somehow vacuums up the lion's share of talent, venture capital, and press. [Side note: I think a lot of reason tech has thrived over the last half-century is that it's largely immune to regulation and ignored by regulators. Try to build a new computer operating system and The Man don't care; try to build a new type of trebuchet or nuclear reactor or choo-choo train and The Man will definitely inquire. Close rant & back to the subject at hand.]
Some parts of both the interview and book come off as eccentric and out of touch with real developments in the real world these past few decades. Take shipping for example. Yes, cargo ships are still largely operated by humans. However the number of crew required to run a ship is a fraction of what it was 75 years ago. More importantly, containerized shipping has radically slashed port handling costs. Overall cargo shipping costs have dropped by something like 90% since 1950. Yes, there are always optimizations remaining, but come on, apply a generalized version of
Amdhal's Law to the situation and give the industry another decade to catch its breath. Dropping the remaining crew of ten to just one is insignificant when compared to what has just happened.
Well, listen to the podcast interview (link above), read
the guy's book, flip through the
online footnotes for the book, then make up your own mind. My take here is that, despite some weird twists and turns, the guy's onto something.
