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The Cultural Disorientation of General Purpose Technology
In 1857 everything was there to transition from iron to steel but there were all of these sort of cultural, societal, economic reasons not to take that leap. The converter or the sort of Bessemer Steel Converter in this context looks less like a tool of commerce and more like some catapult leveled against a walled town. And I think people, organizations, institutions and nations ultimately when they're looking at that catapult respond to it in very different ways. This is an example of transforming just one industry, right, to adopt a new innovation, steel making. Now multiply that for a general purpose technology to any industry that a GPT would affect and you have, it gets even more complicated