3 ms·

In a large class of models of global macroeconomic growth, instantaneous output grows over time relative to the integral of past output. This plausibly explains

• philipkglass 10y ago
  And yet with the slowdown of Moore's Law, I'm actually fine using a computer from 2012 for most tasks. I expect that using a 5 year old phone will eventually be just fine too. It's not like the 1990s anymore where everything ran perceptibly faster, with the exact same binaries, if you bought new hardware every couple of years.
  • beefman 10y ago
    For me the old phone would be pretty painful. It's an iPhone 4 with 32 GB storage (max), 960×640 display, 5 megapixel camera, and no LTE. It's got a 32-bit processor with half as many cores as my current phone, running at less than half the clock speed. Not all technologies improve at the same rate, or at a steady rate over time. But the optimal replacement interval of goods on average seems to be decreasing.
• dredmorbius 10y ago
  Moore's law applies to a very small fraction of tech enhancements.