The Golden Quarter
We live in a golden age of technological, medical, scientific and social progress. Look at our computers! Look at our phones! Twenty years ago, the internet was a creaky machine for geeks. Now we can’t imagine life without it. We are on the verge of medical breakthroughs that would have seemed like magic only half a century ago: cloned organs, stem-cell therapies to repair our very DNA. Even now, life expectancy in some rich countries is improving by five hours a day. A day! Surely immortality, or something very like it, is just around the corner.
The notion that our 21st-century world is one of accelerating advances is so dominant that it seems churlish to challenge it. Almost every week we read about ‘new hopes’ for cancer sufferers, developments in the lab that might lead to new cures, talk of a new era of space tourism and super-jets that can fly round the world in a few hours. Yet a moment’s thought tells us that this vision of unparalleled innovation can’t be right, that many of these breathless reports of progress are in fact mere hype, speculation – even fantasy.
Yet there once was an age when speculation matched reality. It spluttered to a halt more than 40 years ago. Most of what has happened since has been merely incremental improvements upon what came before. That true age of innovation – I’ll call it the Golden Quarter – ran from approximately 1945 to 1971. Just about everything that defines the modern world either came about, or had its seeds sown, during this time. The Pill. Electronics. Computers and the birth of the internet. Nuclear power. Television. Antibiotics. Space travel. Civil rights.
There is more. Feminism. Teenagers. The Green Revolution in agriculture. Decolonisation. Popular music. Mass aviation. The birth of the gay rights movement. Cheap, reliable and safe automobiles. High-speed trains. We put a man on the Moon, sent a probe to Mars, beat smallpox and discovered the double-spiral key of life. The Golden Quarter was a unique period of less than a single human generation, a time when innovation appeared to be running on a mix of dragster fuel and dilithium crystals.
Today, progress is defined almost entirely by consumer-driven, often banal improvements in information technology. The US economist Tyler Cowen, in his essay The Great Stagnation (2011), argues that, in the US at least, a technological plateau has been reached. Sure, our phones are great, but that’s not the same as being able to fly across the Atlantic in eight hours or eliminating smallpox. As the US technologist Peter Thiel once put it: ‘We wanted flying cars, we got 140 characters.’ ...