>As compared to me, where I think that new technologies are coming, but they’re occurring at an amazingly slow pace.

This is problem with economists analyzing technological growth in the economy. They think there must a new google or iphone to come out every 10 years.

20 years ago very few people have ever sent an e-mail. Now I can send an e-mail/call anybody from any place on the earth. We are making significant technological progress and it's where the most growth is at the moment.