[ramblenode]

> We have found most of them, and all the easy ones. Today the interesting things are near the noise floor.

The noise floor is not static. A major theoretical advance spurs an advance in instrumentation, which then supports more science. The hypothesis space is usually much larger than the data space, making the bottleneck theory, not data. The "end of progress" has been lamented again and again since before Galileo, only to be upended by a paradigm shifting theory that paved the way for lots of new science. Many of these theories were developed long after the data and instruments were available, and were produced with relatively simple data: Young's double slit experiment, Mendelian genetics, the photoelectric effect, Brownian motion, most of classical mechanics, quantum teleportation, BOLD MRI, etc.