A clash between linear and exponential systems is coming. What’s a linear system? Think governments, politicians, regulators, large and slow-moving legacy companies, and the like…. What’s an ...
Moore’s Law states the number of transistors on an integrated circuit will double about every two years. This law, coined by Intel and Fairchild founder [Gordon Moore] has been a truism since it’s ...
The biopharma industry – long a powerhouse of scientific innovation – now stands at a critical inflection point. We are delivering breakthroughs once unimaginable, yet, the frameworks we use to bring ...
Many physical as well as financial processes grow or decay exponentially. For example, most people after the Covid pandemic have heard or read that the number of people infected with the virus ...
The Canadian Journal of Statistics / La Revue Canadienne de Statistique We consider the problem of estimating the scale parameter of an exponential or a gamma ...
We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.” ―Bill Gates ...
One of my favourite sayings comes from the late American futurist Roy Amara: “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” He ...
Here’s a strange thought: Not very long ago, vertical integration was the cutting edge of global business. Indeed, well into the last century, the companies considered to be at the forefront of ...