16min chapter

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Living with Exponential Change (with Azeem Azhar)

EconTalk

CHAPTER

Unlocking Innovation: The Laws of Technology Growth

This chapter delves into Moore's Law and Wright's Law, discussing their implications for technological advancement and production efficiency. It highlights the interplay of social constructs, economic incentives, and global competition in driving innovation, while sharing insights from historical and contemporary examples. Personal anecdotes and observations underscore the significance of learning by doing and knowledge sharing within industries, especially in tech hubs.

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