The Law of Accelerating Returns

The Law of Accelerating Returns suggests that technological progress builds on itself at an exponential rate, meaning innovations lead to even faster developments over time. As new technologies emerge (like computers and artificial intelligence), they enable further advancements more quickly than before, creating a snowball effect. This results in rapid and continuous improvements across fields, making future changes likely to happen much faster than recent ones. Essentially, the pace of technological growth accelerates as each breakthrough provides a foundation for the next, leading to a faster, more interconnected evolution of human innovation.