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Exponential doesn't mean "growing really fast". Exponential means "growth by a fixed percentage per year". The economy grows exponentially at around 2-3% per
by emmett 17y ago
Exponential doesn't mean "growing really fast".
Exponential means "growth by a fixed percentage per year".
The economy grows exponentially at around 2-3% per year.
What evidence do you have that things are improving linearly rather than exponentially?
- drcode 17y agoWell, exponential could mean "growing really fast" since that's a vague concept that doesn't really mean anything. I will concede though that I'm referring to growth at a fast pace, since that is the topic of the OP. No doubt some of the items I listed could be improving at a very low magnitude exponential rate and it is a more complicated task to provide evidence that this isn't the case.