A power curve was used to explain this phenomenon in a 1936 discussion of the value of airplanes. Quality adjusted value of IT tools – The value of knowledge know-how , computer systems and peripheral gear, adjusted for quality and inflation, declined 16% per year on common over the 5 a long time from 1959 to 2009. The tempo accelerated, however, to 23% per yr in 1995–1999 triggered by sooner IT innovation, and later, slowed to 2% per 12 months in 2010–2013. Transistors per built-in circuit – The most popular formulation is of the doubling of the variety of transistors…
