I’m pretty sure there is such a thing as technological maturity, in which either, there are knowably no new discoveries to be found, or there are more innovations to discover, but the expected value of doing the search to find those innovations doesn’t beat opportunity cost of just exploiting known mechanisms.
I’m pretty sure there is such a thing as technological maturity, in which either, there are knowably no new discoveries to be found, or there are more innovations to discover, but the expected value of doing the search to find those innovations doesn’t beat opportunity cost of just exploiting known mechanisms.