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EconTalk
Living with Exponential Change (with Azeem Azhar)
Mar 11, 2024
The podcast delves into the rapid pace of technological advancements, the impact of Moore's Law on the semiconductor industry, and the growing demand for computing power due to AI systems. It also explores societal implications like screen addiction, social interactions, and the need to adapt norms and habits in the face of technological evolution.
01:14:10
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Quick takeaways
- Exponential technologies lead to rapid cost decreases and increased adoption rates in various fields.
- Moore's Law and Wright's Law predict performance improvements and cost declines in tech industries.
Deep dives
The Impact of Exponential Technologies
Exponential technologies like the improvement in lithium-ion batteries and solar panels showcase a rapid decrease in costs, leading to increased deployment rates in economies. This trend, seen across various technologies, signifies an age of rapid technological advancement. Platforms like TikTok and processes like chat GPT exemplify the accelerated adoption rate of digital technologies, driven by societal willingness to engage with the novel and the incrementally new.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode