[citation][nom]memadmax[/nom]If you ask me, I think we are past the peak of innovation.There used to be a time when a single man could invent something and it would be his, he would then start a company around his patents and die a millionaire... Take Thomas Edison for example.But now, all the easy stuff has pretty much been discovered. Now it takes teams of engineers/scientists, even multiple teams of people to create something new now a days.So, in short, I think everything that could be invented has been invented, and the only thing that can be done is to improve what we have already(which we do).The exception is space technology. If we can discover/create/whatever faster than light space travel(Einstein is laughing at me right now), then we will open up a whole new era of "wonder" as this DARPA guy talks about....[/citation]
Not even close.
For one thing, humanity is not even using up to date technology.
We are still using outdated materials in computers even though we could have used for example synthetic diamonds since 1997 in electronics (at least partly), and graphene since 2005.
We still use fossil fuels for the love of man, even though we had viable alternatives 90 years ago which we could have switched over in a decade (geothermal and wind).
In capitalism, you go where the money is.
There is NEVER enough money to go around. But, there is more than enough resources.
Money is an obstacle.
We need raw materials and various resources to construct equipment needed for further research and using the most advanced technology available, in the most technologically efficient manner possible (this simply isn't done... because if it did, planned obsolescence wouldn't exist - instead, we would design computers with advanced materials, durability, upgrade-ability, and easy recycling - but 'cost effectiveness' ultimately prohibits it, because a company is in this to gain profits while spending as little money as possible).
This kind of practice is slowing us down... money should be done away with for good and instead of assigning value to everything and 'cost', we ask do we have the resources/technology to make something happen.
The answer is ALWAYS, YES.
Cooperation should be adhered to instead of competition (because the latter produces worse results).
And if you think people wouldn't work for free - guess again.
Open source is increasing in quantity... millions around the globe are donating their free time to volunteer while receiving 0 compensation.
We don't need money - we need resources - and those we have in abundance, and we have the know-how to create resources in abundance using technology.
Capitalism merely wastes and doesn't do anything efficiently... if it did, we would be seeing technology roughly 100 years ahead of what we are using now in circulation (and not the garbage we use now).