1973 is also when we had the OPEC oil embargo and we went from a society arranging atoms to more of a focus on arranging bits / doing thought work. Before that

1973 is also when we had the OPEC oil embargo and we went from a society arranging atoms to more of a focus on arranging bits / doing thought work. Before that productivity scaled with increased energy inputs. At least that's the argument I've heard Noah Smith make and it makes sense