This aspect of technological progress is important as the capabilities of many

This aspect of technological progress is important as

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that the number of transistors on integrated circuits doubles approximately every two years. This aspect of technological progress is important as the capabilities of many digital electronic devices are strongly linked to Moore’s Law More importantly for us is that the power and speed of computers increased exponentially; the doubling time of computational capacity for personal computers was 1.5 years between 1975 to 2009 (Roser, M. and Ritchie, H. 2013) . For most corporation and social media, the speed of technology is not only worth time, but it also creates a competitive edge over competitors. Even on social media sights, individuals are looking for ways to sell merchandise and outsell their competition.
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References Roser, M. and Ritchie, H. (2013). "Technological Progress". Published online at OurWorldInData.org. Retrieved from: '' [Online Resource] Nakagawa, M., Watanabe, C., & Griffy-Brown, C. (2009). Changes in the technology spillover structure due to economic paradigm shifts: A driver of the economic revival in japan's material industry beyond the year 2000. Technovation, 29 (1), 5-22. doi:10.1016/j.technovation.2008.08.003 Lawrence, A. T., & Weber, J. (2019). Business and society: Stakeholders, ethics, public policy (16th ed.). New York, NY: McGraw-Hill Custom. ISBN: 9781260891140.
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