4min chapter

The NFX Podcast cover image

A Founder’s Exponential Toolset with Azeem Azhar & James Currier

The NFX Podcast

CHAPTER

Learning by Doing Is What Drives the Price Decline in Technologies

G, you know, do you have a model for understanding how the technology is evolving? Mean, this one you're mentioning, this right rule, this 15 % a year sort of thing. Is that your way of looking at these things? And have you identified certain sectors or technologies which are and are not behaving according to that law? Well, man, other people have done a lot of work on the sectors that are doing. You know, i'll rely on those. But there are some drivers of the things that make right law work. It's not necessarily 15 %. It can be far faster than that. If you have systems that are quite modula, that scale through modular

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