The world is changing quickly. The amount of change that once took a decade, or several decades may soon be occurring on an annual basis. This is the result of exponential technologies. Exponential technologies are technologies that double in performance on a regular basis.

Consider the following comparison of linear versus exponential growth in the book Bold by Peter Diamandis:

“Unlike the +1 progression of linear growth, wherein 1 becomes 2 becomes 3 becomes 4 and so forth, exponential growth is a compound doubling: 1 becomes 2 becomes 4 becomes 8 and so on. And this is the problem: This doubling is unusually deceptive. If I take 30 large linear steps (say three feet, or one meter per step) from my Santa Monica living room, I end up 30 meters away, or roughly across the street. If, alternatively, I take 30 exponential steps from the starting point, I end up a billion meters away...