Category: Forecasting

What is Wright’s Law? As discussed in our previous post, the first of the technology forecasting formulations was Wright’s Law, posed in 1936. Similar to previous concepts used in psychology to describe the effect of learning, Wright used the learning …

Technology Forecasting Methods: Wright’s Law Read more »

Why bother forecasting technology? The need to forecast technological change is an intrinsic part of the planning process for a wide variety of fields. With better forecasting, financial and engineering decisions can be optimized and policy can be adapted proactively …

Technology Forecasting Methods: Overview Read more »