The NFX Podcast A Founder’s Exponential Toolset with Azeem Azhar & James Currier
6 snips
Sep 14, 2021 AI Snips
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Transcript
Episode notes
Defining the Exponential Age
- The Exponential Age began with the internet's development in the late 1960s and the 1971 Intel 4004 processor.
- Society's inflection point on the exponential curve occurred between 2011 and 2015, marked by tech companies dominating global markets.
Exponential vs. Linear Growth
- Exponential technologies improve price-performance by over 10% annually for decades, like Moore's Law's 41% yearly improvement.
- This rapid improvement contrasts with prior technologies like diesel engines or electricity, which improved far less.
Exponential Rain Analogy
- Azeem Azhar uses the analogy of exponential rain at Wembley Stadium to illustrate rapid change.
- He asks how long it takes for the stadium to flood if raindrops double every minute, highlighting the difficulty of grasping exponential growth.