And Mokyr (2014) argues that the vast array of computers and other relatively new tools will usher in a new wave of progress just like the invention of barometers and microscopes and other tools propelled the technology in the 1700s (see Joel Mokyr (2014), “The Next Age of Invention,” City Journal, Winter).
11 Bloom and others (2017) as well as Thompson and Spanuth (2018) discuss how it has become more costly to make technological advances.