Trends›Learning curves hold

Learning curves hold

Costs of manufactured technology fall predictably with cumulative production (Wright's law). The regularity is the fact; the rate for any given technology is the bet.

  • Fact
  • Established
ABCDEFGHIJKNo fact underneath ABCDEFGHIJKNo fact underneath
Fig. 1The world view, with this fact as the washed slab and the beliefs it drives standing on it. Column height is confidence.
Groundsbeliefs this fact drives
Markets it enlarges