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Exponential Technology

Exponential technologies are the ones that improve their price-performance basis by more than 10% per year for many decades.
#moore-s-law
Zettelkasten, September 02, 2021 (changes)

Notes

  • Exponential technologies are the ones that improve their price-performance basis by more than 10% per year for many decades.

  • It means that the price of exponential technologies will decay in some years, and the population can have them at home.

  • The most familiar exponential technologies follow Moore's law.

  • Other examples of exponential technologies are batteries for renewables, or solar power generation, which have an 18% to 20% annual improvement.

  • Diesel engines or electricity aren't exponential technologies because, at the turn of the 20th century, they had an improvement of 1% to 3% per annum.

References

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