Yes, I think it’s an excellent article, especially the observation about constraints. If we can correctly identify which elements are constraining a system we have a path to return to exponential growth.
Still, we’ll see articles lamenting that “despite how we’ve overcome Constraint X, growth hasn’t returned.” The world is multi-causal/multi-factoral, though. More than one factor can constrain growth. It is often an engineering problem, and focusing on the system as driven by rationally understandable forces is important. Otherwise the default seems to be to view trends as ‘magical growth’ and make illogical predictions based on that thinking.
In the case of growth in the computer hardware industry, where you have a veritable army of engineers focused on the problem, is it any wonder we continuously overcome constraints?
Yes, I think it’s an excellent article, especially the observation about constraints. If we can correctly identify which elements are constraining a system we have a path to return to exponential growth.
Still, we’ll see articles lamenting that “despite how we’ve overcome Constraint X, growth hasn’t returned.” The world is multi-causal/multi-factoral, though. More than one factor can constrain growth. It is often an engineering problem, and focusing on the system as driven by rationally understandable forces is important. Otherwise the default seems to be to view trends as ‘magical growth’ and make illogical predictions based on that thinking.
In the case of growth in the computer hardware industry, where you have a veritable army of engineers focused on the problem, is it any wonder we continuously overcome constraints?