I think the article is correct to say that technological innovation has slowed down and will likely continue to slow down over the next period of time. However,

I think the article is correct to say that technological innovation has slowed down and will likely continue to slow down over the next period of time. However, I disagree with the diagnosis that this slowdown is due to bad public policy. Rather, the Internet is such a vast step forward that we are still struggling to build infrastructure. We will be tied up building this infrastructure until we expand the portion of our workforce capable of building technology for the Internet. Since this is an infrastructure problem, let's compare building pieces of the Internet to building roadways for another great technology - the car. The differences between building roadway and Internet infrastructure are the following: 1) The building blocks of the Internet are not steel, but software and hardware. If you look at things this way, the iPhone is not its own innovation, but Internet infrastructure. It's a mobile connection to the Internet that serves up other connections through apps. Facebook, Google, LinkedIn, Yelp - they're all infrastructure. And we've only touched the tip of the iceberg. 2) Unlike building roads, the Internet requires highly skilled workers and doesn't have a 'completion date'. We still have a lot of opportunities to build out businesses on the Internet, and a large percentage of people who are capable of building these businesses out are doing just that. They're not innovating, but executing. Until our workforce becomes more educated, the rate of overall change will be stagnant.