Daily Productive Sharing 750 - Compounding Optimism
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Morgan Housel reviewed some technical progress, and pointed out that innovation also has a compounding effect
- Compound growth, driven by small ideas and inspirations, is difficult to estimate, making all progress easy to underestimate.
- Progress, especially technological progress, is driven by incremental growth over long periods of time rather than the genius of individuals.
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Morgan Housel 带着我们回溯了历史，指出创新其实也有复利效应：
- 复合增长是由难以估计的小想法和灵感驱动的，使得所有的进步都容易被低估。
- 技术进步是由长期的递增增长驱动的，而不是个别人的天才。
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