Unravelling Exponential Growth Dynamics: A Comprehensive Review

Echegu Darlington Arinze

School of Mathematics and Computing, Kampala International University, Uganda

 Email: darlington.echegu@kiu.ac.ug nzeechegu@gmail.com

ORCID: 0009-0002-6644-1709

ABSTRACT

Exponential growth refers to the rapid change of natural and man-made systems, characterised by unbounded growth, sensitivity to starting conditions, and self-perpetuating character. Technological developments, network effects, population changes, market dynamics, and environmental factors all contribute to exponential growth, which has economic, social, and environmental consequences in a variety of areas and businesses. Public health concerns, moral dilemmas, and economic, environmental, and social consequences arise from exponential growth, despite promoting innovation and progress. Emerging trends in exponential growth dynamics include artificial intelligence, biotechnology, healthcare, sustainable technologies, demographic changes, urbanisation trends, and digital transformation. These patterns provide insight into how exponential development can affect ecosystems, economies, and society in the future. This paper aims to provide a comprehensive understanding of the dynamics of exponential development, highlighting its broad implications and pervasive impact in a rapidly increasing world. We must implement the latest technological developments and ensure environmental sustainability to fully harness its potential. Encouraging multidisciplinary cooperation, ecologically friendly methods, and ethical issues can accelerate innovation, economic expansion, and social well-being. This growth’s collective benefit is critical for current and future generations. We utilised relevant published data (2004–2014) from diverse, reliable databases. The review suggests that to harness its exponential growth potential, we must take proactive measures, such as utilising new technology and addressing environmental sustainability. Collaborating with professionals, implementing sustainable methods, and upholding ethical standards can lead to innovation, prosperity, and societal well-being.

Keywords: Dynamics, exponential, growth, comprehensive, unravelling

CITE AS: Echegu Darlington Arinze (2024). Unravelling Exponential Growth Dynamics: A Comprehensive Review. IAA Journal of Scientific Research 11(3):19-26. https://doi.org/10.59298/IAAJSR/2024/113.1926