According to the article why does exponential progress occur rapidly in technology?

Exponential progress in technology occurs rapidly due to the compounding nature of advancements, where each innovation builds on previous ones, leading to accelerated growth. This is facilitated by increased collaboration, access to information, and resources, allowing for faster development and deployment of new technologies. Additionally, the interconnectedness of global markets and the rise of digital platforms enable rapid dissemination and scaling of innovations. As a result, technologies evolve at an unprecedented pace, often outstripping previous expectations.