Wright’s Law Edges Out Moore’s Law in Predicting Technology Development – IEEE Spectrum

The next time you’re at cocktail party and someone says “Computing power doubles every 18 months,” jump in with this before they can qualify the statement:

“Actually, the 1965 Moore’s Law seems to be a special case of Wright’s Law, spelled out by Theodore P. Wright in a 1936 paper, ‘Factors affecting the costs of airplanes.’ In fact, Wright’s Law seems to describe technological evolution a bit better than Moore’s—not just in electronics, but in dozens of industries.”

via Wright’s Law Edges Out Moore’s Law in Predicting Technology Development – IEEE Spectrum.

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