Learning curves: What does it mean for a technology to follow Wright’s Law? | Technologies that follow Wright’s Law get cheaper at a consistent rate, as the cumulative production of that technology increases

[PierreB]

What is a Learning Curve?

Wright’s Cumulative Average Model

In Wright’s Model, the learning curve function is defined as follows:

Wright’s Cumulative Average Model

In Wright’s Model, the learning curve function is defined as follows:

Y = aXb

where:
Y = the cumulative average time (or cost) per unit.
X = the cumulative number of units produced.
a = time (or cost) required to produce the first unit.
b = slope of the function when plotted on log-log paper.
= log of the learning rate/log of 2.

@Windy_Skies

This is different from what many of the AWE companies have done and are still doing, scaling up in size (and cost) instead, or no (obvious outward sign of) focusing on iterating on the product and manufacturing, instead seeming to focus on niche markets.

Kitekraft currently does not look to scaling up, nor focusing on niche market. However, Wright’s model does not seem to be able to apply.

To be able to apply Wright’s model, it may be preferable to favour one of the two pitfalls, because the existence of a market (then a niche market failing that) is imperative. Kiwee could be a starting point to elaborate a Wright’s model, assuming that the evolution would be achieved by different AWE companies since @Kitewinder pivoted.