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That is unlikely. The rapid price reductions in those areas have been due to technological maturation of the underlying technologies and scaling of the manufact
by janef0421 4y ago
That is unlikely. The rapid price reductions in those areas have been due to technological maturation of the underlying technologies and scaling of the manufacturing processes. These processes are likely to complete soon, if they have not already, and future developments will likely have more modest effects. Additionally, factors such as increasing demand for both these products and underlying material resources are likely to cause an upwards pressure on the price.
- jacob019 4y agoPerhaps not exponential decline, but I think the technology is far from mature, especially battery tech. There is life beyond lithium.
- janef0421 4y agoTechnological improvements will likely continue to exert some downward pressure on prices. This might result in a modest reduction in price over time. I personally think that increasing raw material prices will be a greater influence and costs will trend up, but I am not an expert.
- baxtr 4y agoThat’s apparently exactly what people have been saying for a decade and have been proven wrong over and over again. Maybe it’s true this time around. I don’t know. I am certainly not an expert. I wonder if it’s comparable to Moore’s law though.