#50 – Doyne Farmer on Complexity and Predicting Technological Progress
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Theodore Wright's Law
Wright's law dates back to 19 36. It was based on the observation that every time a airfat aircraft manufacture plant doubled its production, the cost of manufacturing the airplane tended to come tento the drop by about 20%. The rate at which improvement happens drops as more interacting parts are added in technology. And apparently this applies to solar p v to semi conductor ships to aeroplanes.
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