The best is the last
ben-evans.com
ben-evans.com
It's like the saying, "It's always in the last place you look". The reason they stop developing antiquated technology is because it has become outdated. And because people stop investing in improvements, the last of the generation is therefore the best of it.
Take the XC-99. It's beautiful, to be sure, but is it the best possible piston powered plane? Could better materials provide a different design, improved speed, more internal space and a higher carrying load? Could better engines provide a better gas mileage, higher power output, less noise, better performance at altitude? I think you can see that improvements could be made. They weren't because it didn't make sense to.
To say that the technology is best when it's ripe for replacement could just be flipped around. Technological advances happen when they happen and whatever gets replaced was the best we could do before then.
Technology improves over time. New technology obsoletes old technology. Once a technology is obsoleted, of course it's 'the best'.
Take a look at Super Tucano for a modern example.
https://en.wikipedia.org/wiki/Embraer_EMB_314_Super_Tucano
http://articles.latimes.com/2010/feb/23/world/la-fg-ecuador-...
Only $10M each!
Just checking to make sure that you know it's actually a warplane, and that countries are buying it because it's downright outstanding for ground support.
My point was that the segment of small turbo prop planes is alive and well and so innovation, of course, continues there, but that isn't the same segment of larger passenger or cargo planes that the article is speaking of.
Engineers alive in the fast rise period assume this fast improvement goes on for ever. But it doesn't. Once a technology gets good enough the innovation shifts to lowering costs, not improving the product.
Do check out the link above, it's one of the most thought provoking tech pieces I've ever read.
Piston aeroplanes are still flying today. New ones, in small 2, 4 and 6 seat capacity are still being built[0]. Some older piston aeroplanes, perhaps in the region of 40-60 years old, are being overhauled and modernised for commercial flight training use.[1] Some larger 8-12 seat piston aeroplanes are still in use carrying commercial passengers and cargo[3] and also have various modernisation upgrade options available.[4]
Of course there are modern turboprop aeroplanes which can do the same jobs better - for some definition - but the issue is economics. The capital investment in a turboprop outweighs the cost of maintenance and Avgas in an older piston engine design. (This is changing due to the fact of Avgas becoming very scarce in many regions of the world.)
The point being, I wouldn't expect the PC, with keyboard and mouse paradigm, to disappear in the near future. I'd still expect many white collar workers to be sitting at their desk, typing on a something resembling a keyboard, in 50 years time.
[0] http://beechcraft.txtav.com/en/baron-g58
[1] http://www.aopa.org/Community-and-Events/152-Reimagined
[3] http://www.altitudeaviation.com.au/air-charter-aircraft-ligh...
They weren't as fast as the clippers (though still quite fast for a sailing vessel), but they could carry much more cargo. They remained cheaper than steam for many years for non time sensitive bulk cargo. Even after they would have disappeared from a completely free market, they remained in service due to the artificial cheapness of labor for some countries that required serving terms aboard a commercial sailing vessel for certain licenses.
Take smart phones for example. Just when the Iphone 2.5G came out, was it better to get a new Iphone (with in some regards limited functionality, slow connection and poor camera) or stick with the "Best of breed" feature phones?
P51 Mustang, or Hawker Typhoon perhaps have more claim.
So it depends from where you look. Much like I don't think I'd say that everything possible has been optimised in the laptop world.