Why are there fewer scientific innovations nowadays?

<p>A new paper in the journal &#8220;Nature&#8221; finds that the rate of scientific innovation has been on a steady decline, despite living in the most technologically advanced age in the history of humanity. Co-author Russell Funk, a professor at the University of Minnesota, helps us understand what&#8217;s going on. This round of corporate layoffs could portend a larger slowdown in the labor market, which has remained hot. And, yesterday&#8217;s GDP numbers may be good on the surface, but there are some less-than-ideal signs deeper in the report.</p>