Yes, I've made this point many times. The beginning of a sigmoid looks like an exponential. Not only can we "never be fully certain that what we are observing isn't in fact following a logistic trend before the inflection point", we can always be fully certain that *every* *single* *exponential* *trend* eventually passes an inflection point and saturates into a sigmoid. Continuing an exponential trend beyond that inflection point requires a paradigm shift. No physical process can grow indefinitely. There are always friction terms in the dynamics equation that eventually become dominant (energy consumption, heat dissipation, quantum effects, thermal fluctuations, communication bandwidth, mass/energy density....). Even processes that *appear* exponential on a long time scale are actually a succession of sigmoids, in which each new sigmoid is caused by a paradigm shift. A good example is Moore's Law. It is saturating right now. But the exponential progress of the last 7 decades is due to a succession of technological paradigm shifts that weren't pre-ordained. Each paradigm behaved like a sigmoid. Each new sigmoid overtook the previous one. The envelope turned out to be exponential. We haven't seen similar paradigm shifts in, say, airplane speed or space travel. Technological paradigm shifts require scientific breakthroughs.
Ray Kurzweil • The Law of Accelerating Returns « the Kurzweil Library + collections
Juan Orbea added
notboring.co • Compounding Crazy
Alex Wittenberg added
Ray Kurzweil • The Law of Accelerating Returns « the Kurzweil Library + collections
Juan Orbea added
Ray Kurzweil • The Law of Accelerating Returns « the Kurzweil Library + collections
Juan Orbea added
sari added
good take
notboring.co • Compounding Crazy
Alex Wittenberg added
Richard Feynman • "Seeking New Laws"
Prashanth Narayan added
‘Change is the only constant.’ I’m sure you’ve heard that expression before. It’s inspiring but, unfortunately, not true. Any analysis of the history of technology shows that technological change is not constant. It’s exponential. An exponential trend is a trend that rises, or expands, at an accelerating rate.