> "What about all the cool new stuff?" you might ask. What about the recent breakthroughs in mRNA technology? What about CRISPR, and AI, and solar energy, and battery technology, and electric vehicles, and (sure) crypto, and (yes!) smartphones?
His defense of his thesis after this sentence doesn't make that much sense to me. Sure some things have "stagnated". Skyscrapers aren't really getting any taller, but why do we need even taller skyscrapers? Haven't we maybe simply reached the physical limits of gravity?
As for institutions, if we already have CMU and Stanford and MIT, why do we need more top-tier private universities? It seems to me we're seeing pubic universities become more prestigious and influential, which IMO is largely a positive development (UW, Cal, Wisconsin, Michigan, Ohio, Texas, etc).