Suppose we analyze the rate of technological advancement over the last century. We can be forgiven for feeling a little pleased with how swiftly things have progressed compared to earlier centuries—flying at high speeds—moving silently underwater. Traveling across space is only one example of what the human race has accomplished in such a short period.
The big question is whether we could have progressed any faster or any further in that amount of time. That question is answered emphatically in the affirmative!
Since we have been civilized enough to have a monetary system, we have had to rely on that very trade mechanism, and commerce has taken full advantage of this circumstance. Trade has grown so powerful that it now dictates the rate at which we advance.
There are three levels of technology now in use.
1) Business Technology.
We utilize this technology daily, including a wide range of toys, tools, and practical stuff. The level of commercial technology, on the other hand. Is more significant than the level found in commercially accessible items. We could argue that withholding the technology has not been thoroughly tested and is not entirely safe. This could be true in a very tiny percentage of cases. The main reason for the reluctance is simply a lack of funds. It’s all about making as much money as possible from one product before moving on to the next. How many times have you seen things marketed as cutting-edge at a low price? Only to discover that they are out of date months later. The aggressive sale of advanced technology at low rates is a crucial indicator that commerce will launch a technologically superior product. So maybe you can see the control now. What would become of our technology if this did not occur?
2) Military engineering.
This is far superior to commercial technologies. There is a lot of military technology that we know about and a lot that we don’t. Governments will delay the commercialization of this technology since it can provide them with a tactical edge in the military. Components used in military hardware have a longer lifespan than those used in commercial items. I recall having a component catalog back in the 1980s. I had the option of purchasing typical or military components. The standard was guaranteed for one year—5 years in the military. In general, they are more expensive. These goods are not used in commerce. The reason is an expense, but it’s more probable that they want to sell you items at regular intervals. Having a long-lasting product would be counterproductive to them.
3) Experimentation in Technology
This sector is far ahead of commercial technology, but the military keeps a close eye on it. There are currently breakthroughs in the works that you may not be able to fathom or that you did not believe were even possible. The deepest and most secrets of these are operated by government agencies, some of which appear non-existent. This is again for tactical reasons. If you could see what they were cooking up, you’d be amazed in one way and possibly scared out of your mind in another.
That’s all there is to it. Taking all of these factors into account, it’s clear that these procedures stymie growth. Let’s wait and see what the following several decades bring. But don’t worry. The majority of it is already in place.