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"This is a market driven by exponential demand, and it is that demand which should be targeted.
Some years ago, Russell Lange, an IBM fellow, pointed out that the industry is essentially driven by exponential factors exponential improvements in density, price/performance and so on.
The issue of the disappearing middle is not new, but credible economists have added a more threatening twist to the argument: the possibility that a well-functioning, efficient modern market economy, driven by exponential growth in the rate of technological innovation, can simultaneously produce economic growth and eliminate millions of middle-class jobs.
Rather, the economy is about successful tech companies being driven by exponential growth and reaching a dominant position, only to be made irrelevant by a new entrant using technology in a different way.
As a growing number of commentators have warned, the pace of automation is accelerating, driven by exponential improvements in the price/performance of digital technology.
In a world that is increasingly driven by exponential change and growing uncertainty shaped by exponential technologies, if we're not learning faster and improving performance ever more rapidly, we increasingly risk being marginalized and ultimately pushed out of the market.
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However, as the Reuters Institute's Digital News report 2014 highlighted, the change in consumer behaviour, driven by the exponential rise of smartphones and tablets to access news, is already with us.
Our main result is that the initial part of any local sound decay is driven by an exponential function of time whose rate constant is equal in modulus to the inverse of the mean energy velocity divergence.
AI, expert systems, and business intelligence have been with us for decades, but this time the reality almost matches the rhetoric, driven by the exponential growth in technology capabilities (e.g., Moore's Law), smarter analytics engines, and the surge in data.
A similar source-sink system has been proposed for bathyal and abyssal systems, driven by the exponential decrease in carbon flux that results in markedly contrasting food availability between the two systems[13].
While this is the best point estimate possible, the large variability inherent in a stochastic process driven by an exponential distribution makes a point estimate unsatisfactory.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com