2min chapter

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

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode