Better off investing in a new S-curve.
2018-06-17
For subjects where the investment-return relationship is S-curve. Early on, investing in it looks like a loss.
However, as you continue to invest, the return on investment will increase, making your investment more profitable.
https://gyazo.com/c0594d915a6a9b7193de10a6b7d16b9e
The problem is that after this
Slowly diminishing return on investment will eventually make the investment a loss again.
But at that point, compared to the other yet-to-be-invested S-curves, it still looks more profitable to invest in this curve.
This is how they keep investing in the old S-curve.
But in the long run, it is actually more profitable to invest in a new S-curve
https://gyazo.com/e841e6fa18dd6abda2a62de8516545a8
Still not sure about whether investment in knowledge follows an S-curve
nishio.iconused to naively think that it was exponential, but it is more consistent with many things to think of it as an S-curve
2024-11-24
Look back after 6 years and comment
Will exponential growth continue indefinitely or will it hit some obstacle and slow down?
In the real world, you can't be infinitely fast like in a mathematical model, so you're almost always going to run into some obstacle.
But the timing of the collision is not clear until it happens.
The total amount of knowledge in a given field is difficult to comprehend at the beginning stages of learning that field.
Addendum 2024.
relevance
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