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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen7/19/2016 12:21:46 PM
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Digital Technology’s Exponential Growth Curve Foretells Avalanche Of Business Disruption

This year Gordon Moore’s venerable law turns 50, a milestone that carries a powerful inflection point. We’re now at the knee of digital technology’s exponential growth curve, where from now on, advances will race ahead of our ability to make sense of them.

Here’s a fun thought experiment: Imagine walking 30 steps from where you are right now. How far you’ve traveled isn’t difficult to figure, right? Thirty steps take you about 30 meters. Now do it again, but this time make each step twice the distance as the previous one… 1 meter, then 2 meters, then 4, 8, 16, and so on. How far will have you traveled? 10 kilometers? 100? 1,000?

Not even close. This journey will cover 1,073,742 km, or 26 times around the earth.

http://www.forbes.com/sites/sap/2015/06/10/digital-technologys-exponential-growth-curve-foretells-avalanche-of-business-disruption/#4287c1af77eb
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