People often ask, "How fast is information growing in our society?".
This could be measured in a number of ways, such as the annual counts of
books published or the number of Ph.D. degrees awarded. The "conventional
wisdom" is that information is now doubling every two years.1
But is this really true? For technical information, it seems that the actual
number of peer-reviewed publications and/or the number of patent applications
are good measures for the rate of growth of information.
Below is a chart the information growth rates in PubMed and Patent Databases over the last 35 years. In 2000, the data indicates that biomedical information is doubling in 27 years, in 1990 the doubling time 23 years, while in 1987 it was 21 years2. In 2000, patent filings were doubling at a rate of 13 years in contrast to 1990 when they were doubling every 19 years3. Patent filings may be growing faster than biomedical information in part because they are fewer in number (it is much easier to double something that is small than double something that is large), or perhaps because there is a large amount of venture capital flowing into startup companies that produce patents to protect their ideas. Biomedical information is heavily dependent on governemnt funding and grows largely with fluctuations in the NIH budget. Patent filings are more likely to vary with the state of the economy and industry R&D expenditures. Due to delays between U.S. patent filings and publication, accurate statistics for the most recent years are unavailable. Though not shown in the chart, the growth rates for gene sequence information such as is provided by GenBank or UNIGENE is much faster with doubling times of 2-3 years. This is largely due to the fact that the information is simply being read from the genomes and entered into the databases with only a small amount of "value-added" by humans.
Both exponential and power functions show relatively good fits to the
data. The growth rates vary over time, but the exponential character of
the curves can be seen.