5min chapter

The Joe Walker Podcast cover image

Inside Humanity's Infinite Improbability Drive - Matt Ridley

The Joe Walker Podcast

CHAPTER

The Innovation Famine in the West

I don't think we've done nearly as much innovation as we could in the last generation, particularly in material things. It's so difficult to get a medical device licensed because of pressure from incumbents and worries about safety. And we are experiencing the innovation famine in the West. Outside digital and electronics, we aren't innovating particularly fast these days at all. We're probably relying on the Chinese to have a go at it at the moment.

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