| I think this is completely backwards. We are not risking enough and the progress has stalled as a result. During the 1880-1950 we were causing massive disasters all around, literally nuking cities. But that period is also where we came up with virtually all of technology that makes the modern world: cars, planes, radio, computers, nuclear power, jet propulsion. Since then (also ~70 years) we have maintained a little momentum here and there. Jet propulsion gave us space travel and satellites, we linked computer into networks, put them on the radio. Otherwise, it has been a time of stagnation. This managerial approach to risk management is in no small part to blame in my opinion. We should be bolder. This may be worse for individual people affected but better for humanity in general as it gives us tools to address truly existential risks (like a stray asteroid). We can't really make it up to the people affected in another managerial/coasian bargain. So in return, as healthy cultures did throughout the ages, we give our heroes glory. |
EDIT: I also forgot to mention globalization, where optimism resulted in the supply chain crisis of 2020-2021 and inability of the West to impose full oil and gas embargo on Russia.