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  2. Accelerating change - Wikipedia

    en.wikipedia.org/wiki/Accelerating_change

    An analysis of the history of technology shows that technological change is exponential, contrary to the common-sense 'intuitive linear' view. So we won't experience 100 years of progress in the 21st century—it will be more like 20,000 years of progress (at today's rate).

  3. Moore's law - Wikipedia

    en.wikipedia.org/wiki/Moore's_law

    Moore (1995) expected that "the rate of technological progress is going to be controlled from financial realities". [129] The reverse could and did occur around the late-1990s, however, with economists reporting that "Productivity growth is the key economic indicator of innovation."

  4. Technology gap - Wikipedia

    en.wikipedia.org/wiki/Technology_gap

    The development of an explicit technology gap model started with Ponser. The key for the theory is the rate of diffusion of technology. Moving on to 1966, Vernon further extended the technology gap model into the product life-cycle theory. [2] The degree of maturity of the technology became the new key of the dynamic economic trade.

  5. Technology readiness level - Wikipedia

    en.wikipedia.org/wiki/Technology_readiness_level

    A Technology Readiness Level Calculator was developed by the United States Air Force. [6] This tool is a standard set of questions implemented in Microsoft Excel that produces a graphical display of the TRLs achieved. This tool is intended to provide a snapshot of technology maturity at a given point in time. [7]

  6. Technological singularity - Wikipedia

    en.wikipedia.org/wiki/Technological_singularity

    The concept and the term "singularity" were popularized by Vernor Vinge – first in 1983 (in an article that claimed that once humans create intelligences greater than their own, there will be a technological and social transition similar in some sense to "the knotted space-time at the center of a black hole", [10]) and later in his 1993 essay ...

  7. Solow–Swan model - Wikipedia

    en.wikipedia.org/wiki/Solow–Swan_model

    The Solow–Swan model or exogenous growth model is an economic model of long-run economic growth.It attempts to explain long-run economic growth by looking at capital accumulation, labor or population growth, and increases in productivity largely driven by technological progress.

  8. Technology life cycle - Wikipedia

    en.wikipedia.org/wiki/Technology_life_cycle

    The Y-axis of the diagram shows the business gain to the proprietor of the technology while the X-axis traces its lifetime. The technology life cycle (TLC) describes the commercial gain of a product through the expense of research and development phase, and the financial return during its "vital life". Some technologies, such as steel, paper or ...

  9. Endogenous growth theory - Wikipedia

    en.wikipedia.org/wiki/Endogenous_growth_theory

    The AK model, which is the simplest endogenous model, gives a constant-savings rate of endogenous growth and assumes a constant, exogenous, saving rate. It models technological progress with a single parameter (usually A). The model is based on the assumption that the production function does not exhibit diminishing returns to scale.