Jan 2, 2019 · 36m · a16z

a16z Podcast | Knowledge Builds Technology and Technology Builds Knowledge -- with Joel Mokyr

Joel Mokyr · 24m spoken Sonal Chokshi · 9m spoken
0:00 / 0:00
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Economic historian Joel Mokyr and host Sonal Chokshi explore how historical cultures of growth, competitive knowledge networks, and scientific skepticism during the Industrial Revolution created modern economic prosperity and continue to drive technological progress today.

How this conversation actually went

Every chapter scored 0–10 on four independent dynamics. Hover any point for the reasoning behind the score. The host holds 27.6% of the talking time here. How this is scored →

The host as informed peer 4.8 Guest teaching 4.5 Guest disagreement 1.5 The host pushing back 2.3
05100:0010:0020:0030:002:47–6:55 · The host as informed peer 4/10 Contestability and Challenging Ancient Wisdom The host asks an insightful question connecting historic contestability in scientific thought to modern business upstarts and the role of trust. Mokyr responds by explaining the Republic of Letters, Latin mottos, and how trust operates across decentralized epistolary networks.6:55–10:40 · The host as informed peer 5/10 Priority Disputes and Competitive Intellectual Markets When the host muses whether the Republic of Letters was a more civil era than today's internet debates, Mokyr directly rejects the premise, pointing out intense priority fights like Newton vs Leibniz. The host responds with solid knowledge of peer review and priority execution.10:40–16:57 · The host as informed peer 6/10 Elitism, Institutions, and Virtual Communities The host highlights how early knowledge networks were elite and contrasts this with the internet lowering friction for creators globally. Mokyr responds with 'yes and no', emphasizing that top-tier innovations still concentrate in elite university hubs.16:57–20:51 · The host as informed peer 7/10 Weak Ties and Interstitial Innovation The host demonstrates exceptional domain knowledge, citing Granovetter's weak ties, Ron Burt's structural holes, Xerox PARC, and modern deep learning borrowing from developmental psychology. Mokyr enthusiastically praises the host's examples and extends the concept into economics.20:51–25:21 · The host as informed peer 4/10 Focused Problem-Solving and Major Societal Bottlenecks Mokyr walks through historical examples of focused problem-solving like longitude, smallpox, and ballooning. The host contributes complementary observations about Asian scientific history and modern private sector focus like Mars exploration.25:21–29:13 · The host as informed peer 5/10 Unintended Consequences and the Risk of Stagnation The host brings up public fears of technology second-order effects and contrasts European precautionary stagnation with dynamic technological shifts in China. Mokyr strongly warns against stagnation, calling anti-GMO sentiment unfounded.29:13–35:40 · The host as informed peer 6/10 Mismeasuring Economic Growth in the Digital Era The host introduces the Wikipedia example to show unmeasured zero-cost consumer value, along with Spotify and shoe shopping friction. Mokyr validates this and details how standard GDP accounting fails for dematerialized quality changes and consumer surplus.35:40–36:14 · The host as informed peer 1/10 Conclusion and Final Remarks Standard cordial sign-off with the host thanking the guest and Mokyr expressing delight at the conversation.2:47–6:55 · Guest teaching 5/10 Contestability and Challenging Ancient Wisdom The host asks an insightful question connecting historic contestability in scientific thought to modern business upstarts and the role of trust. Mokyr responds by explaining the Republic of Letters, Latin mottos, and how trust operates across decentralized epistolary networks.6:55–10:40 · Guest teaching 6/10 Priority Disputes and Competitive Intellectual Markets When the host muses whether the Republic of Letters was a more civil era than today's internet debates, Mokyr directly rejects the premise, pointing out intense priority fights like Newton vs Leibniz. The host responds with solid knowledge of peer review and priority execution.10:40–16:57 · Guest teaching 5/10 Elitism, Institutions, and Virtual Communities The host highlights how early knowledge networks were elite and contrasts this with the internet lowering friction for creators globally. Mokyr responds with 'yes and no', emphasizing that top-tier innovations still concentrate in elite university hubs.16:57–20:51 · Guest teaching 4/10 Weak Ties and Interstitial Innovation The host demonstrates exceptional domain knowledge, citing Granovetter's weak ties, Ron Burt's structural holes, Xerox PARC, and modern deep learning borrowing from developmental psychology. Mokyr enthusiastically praises the host's examples and extends the concept into economics.20:51–25:21 · Guest teaching 5/10 Focused Problem-Solving and Major Societal Bottlenecks Mokyr walks through historical examples of focused problem-solving like longitude, smallpox, and ballooning. The host contributes complementary observations about Asian scientific history and modern private sector focus like Mars exploration.25:21–29:13 · Guest teaching 5/10 Unintended Consequences and the Risk of Stagnation The host brings up public fears of technology second-order effects and contrasts European precautionary stagnation with dynamic technological shifts in China. Mokyr strongly warns against stagnation, calling anti-GMO sentiment unfounded.29:13–35:40 · Guest teaching 5/10 Mismeasuring Economic Growth in the Digital Era The host introduces the Wikipedia example to show unmeasured zero-cost consumer value, along with Spotify and shoe shopping friction. Mokyr validates this and details how standard GDP accounting fails for dematerialized quality changes and consumer surplus.35:40–36:14 · Guest teaching 1/10 Conclusion and Final Remarks Standard cordial sign-off with the host thanking the guest and Mokyr expressing delight at the conversation.2:47–6:55 · Guest disagreement 1/10 Contestability and Challenging Ancient Wisdom The host asks an insightful question connecting historic contestability in scientific thought to modern business upstarts and the role of trust. Mokyr responds by explaining the Republic of Letters, Latin mottos, and how trust operates across decentralized epistolary networks.6:55–10:40 · Guest disagreement 3/10 Priority Disputes and Competitive Intellectual Markets When the host muses whether the Republic of Letters was a more civil era than today's internet debates, Mokyr directly rejects the premise, pointing out intense priority fights like Newton vs Leibniz. The host responds with solid knowledge of peer review and priority execution.10:40–16:57 · Guest disagreement 3/10 Elitism, Institutions, and Virtual Communities The host highlights how early knowledge networks were elite and contrasts this with the internet lowering friction for creators globally. Mokyr responds with 'yes and no', emphasizing that top-tier innovations still concentrate in elite university hubs.16:57–20:51 · Guest disagreement 1/10 Weak Ties and Interstitial Innovation The host demonstrates exceptional domain knowledge, citing Granovetter's weak ties, Ron Burt's structural holes, Xerox PARC, and modern deep learning borrowing from developmental psychology. Mokyr enthusiastically praises the host's examples and extends the concept into economics.20:51–25:21 · Guest disagreement 1/10 Focused Problem-Solving and Major Societal Bottlenecks Mokyr walks through historical examples of focused problem-solving like longitude, smallpox, and ballooning. The host contributes complementary observations about Asian scientific history and modern private sector focus like Mars exploration.25:21–29:13 · Guest disagreement 2/10 Unintended Consequences and the Risk of Stagnation The host brings up public fears of technology second-order effects and contrasts European precautionary stagnation with dynamic technological shifts in China. Mokyr strongly warns against stagnation, calling anti-GMO sentiment unfounded.29:13–35:40 · Guest disagreement 1/10 Mismeasuring Economic Growth in the Digital Era The host introduces the Wikipedia example to show unmeasured zero-cost consumer value, along with Spotify and shoe shopping friction. Mokyr validates this and details how standard GDP accounting fails for dematerialized quality changes and consumer surplus.35:40–36:14 · Guest disagreement 0/10 Conclusion and Final Remarks Standard cordial sign-off with the host thanking the guest and Mokyr expressing delight at the conversation.2:47–6:55 · The host pushing back 2/10 Contestability and Challenging Ancient Wisdom The host asks an insightful question connecting historic contestability in scientific thought to modern business upstarts and the role of trust. Mokyr responds by explaining the Republic of Letters, Latin mottos, and how trust operates across decentralized epistolary networks.6:55–10:40 · The host pushing back 3/10 Priority Disputes and Competitive Intellectual Markets When the host muses whether the Republic of Letters was a more civil era than today's internet debates, Mokyr directly rejects the premise, pointing out intense priority fights like Newton vs Leibniz. The host responds with solid knowledge of peer review and priority execution.10:40–16:57 · The host pushing back 4/10 Elitism, Institutions, and Virtual Communities The host highlights how early knowledge networks were elite and contrasts this with the internet lowering friction for creators globally. Mokyr responds with 'yes and no', emphasizing that top-tier innovations still concentrate in elite university hubs.16:57–20:51 · The host pushing back 2/10 Weak Ties and Interstitial Innovation The host demonstrates exceptional domain knowledge, citing Granovetter's weak ties, Ron Burt's structural holes, Xerox PARC, and modern deep learning borrowing from developmental psychology. Mokyr enthusiastically praises the host's examples and extends the concept into economics.20:51–25:21 · The host pushing back 2/10 Focused Problem-Solving and Major Societal Bottlenecks Mokyr walks through historical examples of focused problem-solving like longitude, smallpox, and ballooning. The host contributes complementary observations about Asian scientific history and modern private sector focus like Mars exploration.25:21–29:13 · The host pushing back 3/10 Unintended Consequences and the Risk of Stagnation The host brings up public fears of technology second-order effects and contrasts European precautionary stagnation with dynamic technological shifts in China. Mokyr strongly warns against stagnation, calling anti-GMO sentiment unfounded.29:13–35:40 · The host pushing back 2/10 Mismeasuring Economic Growth in the Digital Era The host introduces the Wikipedia example to show unmeasured zero-cost consumer value, along with Spotify and shoe shopping friction. Mokyr validates this and details how standard GDP accounting fails for dematerialized quality changes and consumer surplus.35:40–36:14 · The host pushing back 0/10 Conclusion and Final Remarks Standard cordial sign-off with the host thanking the guest and Mokyr expressing delight at the conversation.

speaking balance: gold is the host, purple is the guest (3 minute bins)

0:00 · the host 36.7% · guest 63.3%0:00 · the host 36.7% · guest 63.3%3:00 · the host 21.6% · guest 78.4%3:00 · the host 21.6% · guest 78.4%6:00 · the host 36.5% · guest 63.5%6:00 · the host 36.5% · guest 63.5%9:00 · the host 39.2% · guest 60.8%9:00 · the host 39.2% · guest 60.8%12:00 · the host 35.5% · guest 64.5%12:00 · the host 35.5% · guest 64.5%15:00 · the host 53.3% · guest 46.7%15:00 · the host 53.3% · guest 46.7%18:00 · the host 17.7% · guest 82.3%18:00 · the host 17.7% · guest 82.3%21:00 · the host 8.9% · guest 91.1%21:00 · the host 8.9% · guest 91.1%24:00 · the host 27.3% · guest 72.7%24:00 · the host 27.3% · guest 72.7%27:00 · the host 39.6% · guest 60.4%27:00 · the host 39.6% · guest 60.4%30:00 · the host 0.6% · guest 99.4%30:00 · the host 0.6% · guest 99.4%33:00 · the host 9.3% · guest 90.7%33:00 · the host 9.3% · guest 90.7%36:00 · the host 91.1% · guest 8.9%36:00 · the host 91.1% · guest 8.9%
Sharpest disagreement ▶ 7:33 Rejecting the Kumbaya narrative

Mokyr forcefully rejects the host's romantic idea that historical scientific debates were more civil, mocking the notion that scientists sat around a campfire singing Kumbaya.

Hardest push from the host ▶ 10:38 Host challenges elitism in credentialed knowledge

The host explicitly challenges the traditional credentialed hierarchy, arguing that internet platforms enable meritocratic reputation building outside established elite institutions.

Biggest teaching moment ▶ 7:33 Reframing scientific history and priority disputes

Mokyr educates the host on historical realities, detailing ugly rivalries like Newton vs. Leibniz to prove that historical markets for ideas were just as vindictive as modern internet discourse.

The host holds their own ▶ 18:44 Host introduces deep learning and psychology cross-disciplinary synthesis

The host demonstrates high-level domain expertise by framing deep learning's breakthroughs as a structural hole synthesis with developmental psychology, earning direct praise from Mokyr.

the scores for every segment, with the reasoning behind each
ChapterTopicThe host as informed peerGuest teachingGuest disagreementThe host pushing backWhy
Contestability and Challenging Ancient Wisdom 4512 The host asks an insightful question connecting historic contestability in scientific thought to modern business upstarts and the role of trust. Mokyr responds by explaining the Republic of Letters, Latin mottos, and how trust operates across decentralized epistolary networks.
Priority Disputes and Competitive Intellectual Markets 5633 When the host muses whether the Republic of Letters was a more civil era than today's internet debates, Mokyr directly rejects the premise, pointing out intense priority fights like Newton vs Leibniz. The host responds with solid knowledge of peer review and priority execution.
Elitism, Institutions, and Virtual Communities 6534 The host highlights how early knowledge networks were elite and contrasts this with the internet lowering friction for creators globally. Mokyr responds with 'yes and no', emphasizing that top-tier innovations still concentrate in elite university hubs.
Weak Ties and Interstitial Innovation 7412 The host demonstrates exceptional domain knowledge, citing Granovetter's weak ties, Ron Burt's structural holes, Xerox PARC, and modern deep learning borrowing from developmental psychology. Mokyr enthusiastically praises the host's examples and extends the concept into economics.
Focused Problem-Solving and Major Societal Bottlenecks 4512 Mokyr walks through historical examples of focused problem-solving like longitude, smallpox, and ballooning. The host contributes complementary observations about Asian scientific history and modern private sector focus like Mars exploration.
Unintended Consequences and the Risk of Stagnation 5523 The host brings up public fears of technology second-order effects and contrasts European precautionary stagnation with dynamic technological shifts in China. Mokyr strongly warns against stagnation, calling anti-GMO sentiment unfounded.
Mismeasuring Economic Growth in the Digital Era 6512 The host introduces the Wikipedia example to show unmeasured zero-cost consumer value, along with Spotify and shoe shopping friction. Mokyr validates this and details how standard GDP accounting fails for dematerialized quality changes and consumer surplus.
Conclusion and Final Remarks 1100 Standard cordial sign-off with the host thanking the guest and Mokyr expressing delight at the conversation.

Statements from this episode (20)

Insight
Mokyr: Mutual feedback between knowledge and technology drives economic growth
“Now, what is true for steam engines is essentially true across the board. Knowledge. Builds technology, and technology builds knowledge, and that synergy between these two sort of different aspects of human knowledge is what drives essentially our modern econo…”
Joel Mokyr Jan 2, 2019 ▶ 2:25
Assertion Not checkable as stated
Mokyr: Skepticism and contestability remain core to modern intellectual progress
“Skepticism and contestability become essentially the keywords of intellectual activity, and that's still true today.”
Joel Mokyr Jan 2, 2019 ▶ 4:36
Assertion Supported
Mokyr: Scientific co-authorship was rare during early modern knowledge creation
“Much of the knowledge created at that time is created by single individuals. There's not that much collaboration, you know, co-authorship, and these are multiple names on papers and books that we see today, that wasn't very much, that was quite uncommon in tho…”
Joel Mokyr Jan 2, 2019 ▶ 5:21
Insight
Mokyr: Trust in decentralized networks is built through expert peer vetting
“The reason that trust emerges is because that everybody knows that if you publish something or you, some discovery, some, Mathematical theorem that you have proven, or some planet you've discovered, or some new species that you found, that others will take, wi…”
Joel Mokyr Jan 2, 2019 ▶ 6:15
Insight
Chokshi: Market Credit Goes to Effective Execution, Not Original Discovery
“What really matters is who took it to market and executed on it well. So it is really interesting that when you think about authorship and the previous models of knowledge that were produced, that it's not necessarily the person who received credit is the pers…”
Sonal Chokshi Jan 2, 2019 ▶ 8:00
Insight
Mokyr: European Progress Was Driven by Fragmentation and Intellectual Competition
“What made progress possible in this market for ideas is that it was a competitive market, and one thing economists know, competitive markets, by and large, work better than uncompetitive markets, and what is critical in understanding About the European system …”
Joel Mokyr Jan 2, 2019 ▶ 8:59
Insight
Mokyr: Open-Source Software Mirrors Academic Tenure Reputation Incentives
“The way my university and any other university gives tenure is they look at your reputation. That's how these things are being decided. And so Joe Blow has the incentive To publish as much as he can, because that's how he gains a reputation. And so everything …”
Joel Mokyr Jan 2, 2019 ▶ 10:15
Assertion Not checkable as stated
Mokyr: A dozen top institutions drive most major technological breakthroughs
“Internet or no internet, a disproportionate number of them come from a dozen institutions such as Caltech, MIT, Stanford, Carnegie Mellon, you know, and Northwestern places like that.”
Joel Mokyr Jan 2, 2019 ▶ 11:37
Opinion
Mokyr: History offers little guidance for understanding the modern technological age
“I am not really a great believer in the hypothesis that there's an awful lot we can learn from history about our own age, because our own age is so different in so many ways”
Joel Mokyr Jan 2, 2019 ▶ 13:06
Assertion Not checkable as stated
Mokyr: Industrial Revolution succeeded despite state institutions, not because of them
“The national institutions probably play a relatively secondary role. Quite frankly, you know, if you put a gun to my head, I would say what happened, happened despite the best efforts of these states, not thanks to them.”
Joel Mokyr Jan 2, 2019 ▶ 14:23
Assertion Not checkable as stated
Mokyr: Every major modern technological advance originated from informal knowledge networks
“Out of that came our modern world. Out of that came every technological advance that made a big difference in electricity, in textiles, in steel, in, you know, in transportation, in medicine, you name it. It came all out of those interactions.”
Joel Mokyr Jan 2, 2019 ▶ 15:53
Insight
Mokyr: Quantum Leaps in Knowledge Require Recombining Different Fields
“What happens in many fields is that they tend very quickly to reach a situation in which progress becomes rather incremental, and that people basically take the sense of, well, what we know is basically all there is to know, and so we can sort of make little s…”
Joel Mokyr Jan 2, 2019 ▶ 17:56
Assertion Not checkable as stated
Mokyr: Almost All Economics Breakthroughs in Last 25 Years Came From Outside Fields
“The last, I think, 20, 25 years, almost all of the major breakthroughs have occurred by people coming in with ideas from psychology or from mathematics. And basically introducing these into economics.”
Joel Mokyr Jan 2, 2019 ▶ 19:01
Prediction Not checkable as stated
Mokyr: Climate change will become the central issue focusing modern human ingenuity
“And I think our own age is going to have, go through a similar thing as climate change becomes more and more the central issue that the human race is coping with.”
Joel Mokyr Jan 2, 2019 ▶ 22:35
Insight
Mokyr: Climate change can only be solved through technology, not politics
“Climate change cannot be solved by any means except technology, because a political solution is clearly not going to happen.”
Joel Mokyr Jan 2, 2019 ▶ 26:42
Insight
Mokyr: Nations prioritizing stability over innovation risk China-style stagnation
“If any nation is going to decide to not innovate because they like stability, they will end up like 19th century China.”
Joel Mokyr Jan 2, 2019 ▶ 27:04
Assertion Not checkable as stated
Mokyr: Resistance to genetically modified organisms is baseless and fabricated
“The evidence does not support that there's any danger. This whole notion about frankenfoods is completely made up”
Joel Mokyr Jan 2, 2019 ▶ 28:22
Assertion Not checkable as stated
Mokyr: Growth is understated and inflation overstated due to zero-cost digital goods
“We are mis-measuring growth, or to put it slightly different, we're over-measuring inflation, because that, those two things boil down to the same thing, and we've known this for a long time, but it turns out the process is getting worse and worse, simply beca…”
Joel Mokyr Jan 2, 2019 ▶ 30:02
Assertion Supported
Mokyr: Wikipedia contributes zero to official GDP because access is free
“What's the contribution of Wikipedia to GDP? Well, it's nothing, because here every time you click on it, you're not charged.”
Joel Mokyr Jan 2, 2019 ▶ 30:44
Assertion Not checkable as stated
Mokyr: Modern GDP metrics were designed for an economy of wheat and steel
“The whole GDP accounting system that we have today was designed for an economy that produced wheat and steel.”
Joel Mokyr Jan 2, 2019 ▶ 33:58
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