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"exponential effect" is a correct and usable phrase in written English.
It is used to describe a rapid or dramatic increase or impact that continues to grow exponentially. Example: The implementation of a new advertising strategy had an exponential effect on the company's sales, leading to a 200% increase in revenue within the first quarter.
Exact(25)
Inter-host fitness working in an exponentially growing host population has an exponential effect on the realized fitness.
However, what makes it more dangerous is the exponential effect digital social media has on sharing… and as it exponentially increases our reach, it is also exponentially increasing our vulnerability to half-truths, lies and plain old falsehoods.
There are four attributes of gravity that are appealing as a way of thinking about strategy in a digital age: gravity is a force of attraction, exerts influence at a distance, is ubiquitous, and has an exponential effect.
It's an exponential effect.
High user engagement has an exponential effect on user growth.
High user engagement has an exponential effect on user growth because it speeds Viral Cycle Time.
Similar(35)
Because these characteristics have multiplicative and exponential effects on each other.
Because, if a problem is in fact endemic to a system, then the exponential effects of Moore's law also serve to amplify what's broken.
"I think the key question is: Is it too late?" Chiarelli said unemployment is daunting because many working Iraqis support up to 13 family members, meaning unemployment has exponential effects on the country.
Some changes can have exponential effects — for better or for worse.
When it comes to the spread of AI, which could have exponential effects on companies and economies, the resulting inequalities would be a sort of "weaponization" of the space, the WEF argues.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com