VipulNaik comments on Supply, demand, and technological progress: how might the future unfold? Should we believe in runaway exponential growth? - Less Wrong
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I already mentioned (and linked to) the term "experience curve effects" which is synonymous. I didn't claim this is unique to any specific industries, just that it was somewhat related to the point about the time-directionality of technology. I had written:
You write:
Yes, I agree.