[mkirklions]

>Why does it feel like less innovation is occurring?

Specialization + Copypasting what works.

You wouldnt notice if a fortune 500 company saved a million dollars with a software innovation. But it affects their prices and future.

re-copypaste- When a problem is solved, you would not re-invent the wheel. With digital products, its easy to copy and paste. With physical products, you still need to produce.

And I find that recently tech is in the form of application. Giving non-tech people the ability to do database + front end work. Or using the tech to solve a niche problem.