The Exponential Growth of Electronics

Electronic gadgets have become hugely popular and essential tools in recent decades and the electronic industry is arguably the most exciting industry for a number of reasons. Without treading too far into the realms of science fiction, electronics is simply the industry that sees the most remarkable exponential growth in comparison to any other. If you take a look for example at the evolution of furniture: it hasn’t made anything like a similar rate of progress. A few decades ago they added wheels or leaning mechanisms into office chairs, but that pales in comparison to the visible jumps in the industry of the mobile phone to name just one aspect of the massive electronics industry.

And with this exciting change and evolution of technology comes a constant new wave of cheap models that are constantly getting cheaper. The initial development and release of any new gadget is very expensive, but they become affordable and widely available extremely quickly because the parts themselves are fairly cheap. This means that in the television market for example, the ‘top of the line’ models very quickly become available as cheap TVs. Now everyone can afford the technology that was at one point completely out of reach and reserved for only the very wealthiest of the techno-fans.

This means that ‘the everyman’ is rapidly becoming more and more techno-savvy and their home is becoming more and more advanced as we quickly shoot forwards into what we would have previously considered ‘space-age’ living. But the most thrilling aspect of all of this is that it doesn’t end there; there’s still the great unknown of future technology to be developed. We’re collectively fascinated in each new progress or development we hear about as we imagine the endless possibilities that are rumoured about the next big thing. Nobody has reason to be excited about the next leap forward in armchair design, but when it comes to electronics, we’re being shown ever more impressive miracles realised in front of our eyes every year.

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