With his work in 1916-7, Einstein was able to arrive at a “much more” quantum derivation of Planck’s Radiation Law. However, in the end he fell short, having to rely on assumptions. In 1924, Satyendra Nath Bose provided the first “fully” quantum derivation of Planck’s radiation law, which revealed the deeper nature of light that had eluded everyone else, including Einstein. With this work, he created the new area of physics known as quantum statistics.