Jessica Trancik (New York & Magdalen) finds Moore’s Law and Wright’s Law best predict how technology improves

"Researchers at MIT and the Santa Fe Institute have found that some widely used formulas for predicting how rapidly technology will advance — notably, Moore’s Law and Wright’s Law — offer superior approximations of the pace of technological progress. The new research is the first to directly compare the different approaches in a quantitative way, using an extensive database of past performance from many different industries." Read more at MITnews. 
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