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> This can be applied to any industry, so exponential growth is indeed possible. Such growth is anything but exponential. In fact, it's logarithmic.
by Tade0 5y ago
> This can be applied to any industry, so exponential growth is indeed possible.
Such growth is anything but exponential. In fact, it's logarithmic.
- mmarq 5y agoMaybe, I have a degree in economics, but I’m a software developer and not an economist. I’d say that if innovations are built on top of other innovations and if we get occasional breakthroughs, the process may be approximated with an exponential. Otherwise, even logarithmic growth tends to infinity, not to de-growth.