Despite the hype, innovation isn’t getting any faster. Here’s why

Today it’s become an article of faith that everything moves faster. Business pundits tell us that we’re living in a VUCA world (Volatile, Uncertain, Complex and Ambiguous). These are taken as basic truths that are beyond questioning or reproach. Yet are things actually moving any faster than in earlier eras? The evidence is surprisingly scarce. Certainly productivity isn’t growing any faster. The Bureau of Labor Statistics reports that productivity growth today stands at about the post-war av...