Volts cover image

Learning curves will lead to extremely cheap clean energy

Volts

CHAPTER

What Is Wright's Law and Learning Curve?

Theodore wright was the first person to propose this hypothesis. In 19 36 noted that for a specific type of plane produced at a specific factory, the cost of making the plane tended to drop by about 20 % every time the cumulative production of the plane was doubled. So it's come to be called a learning curve also, because the hypothesis is that cumulative production is a proxy for experience doing.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner