The headline that “no one saw it comping” is slightly annoying in the sense that plenty of people predicted exactly this. They took the observed industrial lear

The headline that “no one saw it comping” is slightly annoying in the sense that plenty of people predicted exactly this. They took the observed industrial learning curve at face value and forecast it forward 15 years. I noticed these arguments at the time, and while I found them persuasive, I had nowhere near enough expertise to evaluate.