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Why Is Silicon Valley Still Waiting for the Next Big Thing?

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Illustration shows a robot impatiently waiting.

The most important tech advances of the past few decades—the microchip, the Internet, the mouse-driven computer, the smartphone—were not defying physics.

Credit: Sean Dong

Silicon Valley's hype machine has long been accused of churning ahead of reality. But in recent years, tech industry critics have noticed that its biggest promises—the ideas that really could change the world—seem further and further on the horizon. The great wealth generated by the industry in recent years has generally been thanks to ideas, such as the iPhone and mobile apps, that arrived years ago.

Have the big thinkers of tech lost their mojo?

From The New York Times
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