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Hilbert and Lopez identify the exponential pace of technological change (a kind of Moore's law): machines' application-specific capacity to compute information per capita roughly doubled every 14 months between 1986 and 2007; the per capita capacity of the world's general-purpose computers doubled every 18 months during the same two decades ...
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When used as an adjective, application is not restricted to mean: of or on application software. [6] For example, concepts such as application programming interface (API), application server, application virtualization, application lifecycle management and portable application apply to all computer programs alike, not just application software.
The use of AI in applications such as online trading and decision-making has changed major economic theories. [66] For example, AI-based buying and selling platforms estimate personalized demand and supply curves, thus enabling individualized pricing. AI systems reduce information asymmetry in the market and thus make markets more efficient. [67]
Adobe (including the variation called Super Adobe),; Rammed earth,; Compressed earth block,; Animal products,; Cob; and/or other green building materials could be considered appropriate earth building technology for much of the developing world, as they make use of materials which are widely available locally and are thus relatively inexpensive.