"People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, today it is 4,000 meters"
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Yergin’s move is to make “technology” stop sounding like an abstract buzzword and start feeling like a force that physically re-draws the map. The line is built like a polite correction: people underestimate tech; here’s a simple depth comparison. But the example isn’t neutral. Offshore drilling depths aren’t just a metric of engineering prowess; they’re a proxy for how far modern societies will push into risk, cost, and complexity to keep energy flowing. By choosing a number you can visualize (200 meters versus 4,000), he turns technological change into a visceral image: humanity has learned to reach places that used to be inaccessible, and therefore “frontier” is no longer geography so much as capability.
The subtext is double-edged. On one hand, it’s awe at innovation: tools, materials science, sensors, robotics, and computing extend our reach in ways the public chronically fails to price in. On the other, it’s a quiet indictment of our demand curve. If the frontier keeps moving outward, it’s because we keep making it worth someone’s while to go there. “Underestimate” functions as both compliment and warning: don’t assume limits are stable, because markets, states, and engineers will conspire to blow past them.
Contextually, Yergin writes as an energy historian who treats oil and gas not as relics but as systems where technology, geopolitics, and economics co-evolve. The depth jump is a micro-history of late-20th-century energy: scarcity anxieties, price shocks, and strategic competition turned the seabed into an industrial zone. The sentence lands because it collapses decades of policy, capital, and ingenuity into one brutal, legible fact.
The subtext is double-edged. On one hand, it’s awe at innovation: tools, materials science, sensors, robotics, and computing extend our reach in ways the public chronically fails to price in. On the other, it’s a quiet indictment of our demand curve. If the frontier keeps moving outward, it’s because we keep making it worth someone’s while to go there. “Underestimate” functions as both compliment and warning: don’t assume limits are stable, because markets, states, and engineers will conspire to blow past them.
Contextually, Yergin writes as an energy historian who treats oil and gas not as relics but as systems where technology, geopolitics, and economics co-evolve. The depth jump is a micro-history of late-20th-century energy: scarcity anxieties, price shocks, and strategic competition turned the seabed into an industrial zone. The sentence lands because it collapses decades of policy, capital, and ingenuity into one brutal, legible fact.
Quote Details
| Topic | Technology |
|---|---|
| Source | Help us find the source |
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