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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
byregistrations_suck ( 1075251 ) writes:
It took eight years to go from 1% to 2% (by April 2021), then just 2.2 years to reach 3% (June 2023), and a mere 0.7 years to hit 4% (February 2024)," notes the report. "Now, here we are, at over 5% in the USA! This exponential growth suggests that we're on a promising upward trend."
That is not exponential growth.
It isn't even close.
bygardyloo ( 512791 ) writes:
It's far faster than exponential (assuming that's 1% of a constant-size market, then 2% of the same market, etc.). The first doubling time was 8 years; an exponential growth process would keep the same doubling time, but it took another 2.9 years to double again.
So your "not even close" is correct, in that exponential growth is far slower than whatever this is.
byXenx ( 2211586 ) writes:
Growth from 4% to 5% slowed down in comparison to 3% to 4%. Overall, it may fit the colloquial use of exponential growth. However, it does not fit the mathematical.
byomnichad ( 1198475 ) writes:
Some exponents are > 0 and 1.
byomnichad ( 1198475 ) writes:
OK, I get it. > is needed here. Some exponents are > 0 and < 1.
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byXenx ( 2211586 ) writes:
Sure, but that would be entirely irrelevant to the definition of exponential growth.
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