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Technological progress is much faster now than it was then, the problem is that we've already gotten the low-hanging fruit. The type of advance we need to make a proportional impact to that of something simple like the internal combustion engine is arguably impossible. If we invented an instant teleportation device to anywhere on the planet it's not going to make as much as an impact today as the difference between a year-long life-threatening journey by ship and wagon.


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