Artificial Intelligence and 3D Printing Market Growth

I came across some recent charts about the growth of these two unrelated sectors, one disrupting manufacturing, the other disrupting software of all types (click to enlarge).  On one hand, each chart commits the common error of portraying smooth parabola growth, with no range of outcomes in the event of a recession (which will surely happen well within the 8-year timelines portrayed, most likely as soon as 2017).  On the other hand, these charts provide reason to be excited about the speed of progress seen in these two highly disruptive technologies, which are core pillars of the ATOM.  

This sort of growth rate across two quite unrelated sectors, while present in many prior disruptions, is often not noticed by most people, including those working in these particular fields.   Remember, until recently, it took decades or even centuries to have disruptions of this scale, but now we see the same magnitude of transformation happen in mere years, and in many pockets of the economy.  This supports the case that all technological disruptions are interconnected and the aggregate size of all disruptions can be calculated, which is a core tenet of the ATOM.   

Related :

3.  Technological Disruption is Pervasive and Deepening 

 

Comments

[Andrew]

I'm curious if you have seen the recent reports that inflation rates in the US, UK and Europe have shown signs of increase lately (such as at the link below). How would you explain the discrepancy this makes with the theory in the ATOM? Is it just statistical noise, likely to be temporary?

https://www.stratfor.com/image/inflation-makes-comeback-global-economy

[Kartik Gada]

Yes, it is just statistical noise. Note that rising bond yields may cause a stock market correction that will screech things to a halt.

Also remember that $220B/month of central bank action is being done as we speak. Even this much is only causing a small blip...

If inflation is higher a year from now, *without* an increase in world QE, then I may have to revisit a few calculations.

[Rejita]

The 3D printing market is expected to reach USD 30.19 Billion by 2022, growing at a CAGR of 28.5% between 2016 and 2022. Factors such as 3D printing evolving from developing prototypes to end-user products, mass customization, production of complex parts, government investments in 3D printing projects, and improvements in manufacturing efficiency are expected to drive the growth of the 3D printing market.