In digital technologies, exponential growth has become the norm – it’s called “Moore’s Law” when chips get cheaper all the time yet are far more powerful than any generation before.
In this DLD23 session, author Azeem Azhar and investor Rob Carlson discuss what happens when this kind of exponential growth extends to other domains as well – such as biotechnology.
“Between 16 and 20 percent of U.S. chemical revenue are already from biotechnology rather than petro chemistry”, Carlson points out. “Those are carbon neutral – or maybe even carbon negative – chemicals that are directly displacing petroleum from the marketplace, by out competing it.”
Azhar, publisher of the popular Exponential View newsletter, adds: “We have evidence that exponential technologies create markets. They’ve created the technology market. They’ve created the electric vehicle market, the renewable electricity market.”
