How Fast Does Technology Advance?

Supposedly, every 18 or so months, computer processing speed doubles. This is known as Moore’s law. The number of transistors that fit into a microprocessor reached over 10 billion in 2017. It was under 10,000 in 1971.
The world has produced 90% of its Big Data in the past two years. Every second, 127 new devices are connected to the internet. In Q1 of 2021, 4.66 billion people are using the internet. People want to see more regulation as global trust in technology erodes. Research from Edelman shows that trust in technology has declined in 21 of 26 markets.
Current digital systems such as computers, smartphones, tablets and laptops have evolved over time. The typewriter was replaced by digital systems such as a computer and word processing software. Telephones have evolved over time into versions that are portable such as mobile phones and, more recently, smartphones.

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