For less tech savvy folks, Moore’s Law is a theory, created by Intel founder Gordon Moore, that predicts the rate at which technology advances in the modern age. Moore’s Law is the definition of exponential growth, i.e. the more we learn, the faster we learn. According to Moore’s Law, the rate at which we develop new technology doubles around every two years. Think of the advances in iPhone technology 2007-2010; far beyond that achieved 1987-90, wasn’t it? Moore’s Law is predicted to be applicable until around 2020, but some experts cite the law as being valid well beyond that range.
So, Moore’s Law and mobile phones. In the modern age it’s estimated that up to half the world’s population has access to a mobile phone. Much of this has been made possible by three things – capable consumer’s unquenchable thirst for the latest technology in richer nations, mobile phone recycling, and a wide gap between wealthy and struggling economies.
Very, VERY few people replace their old Nokia mobile phone because of need; they replace it because of want and accessibility. So how do people sell Nokia phones that are second-hand when all have access to new models? Mobile phone recycling sell Nokia phone in wealthy nations like the USA and Western Europe has led to a prominent used mobile phone market in struggling areas such as parts of Africa, India and China. Ethical recycling companies like Mazuma Mobile buy old mobiles for a reasonable sum and pass them on to be refurbished and resold at a fair price by ethical partner companies. The market so far continues to grow exponentially in response to supply and demand.

 

Technology   174.120.200.8     01.08.11

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