If we created X amount of data in 2003, then, 7 years later, we're creating 128X as much data; which roughly works out to X every 3 days.
If we created X amount of data in 2003, then, 7 years later, we're creating 128X as much data; which roughly works out to X every 3 days.
Has everyone forgotten about logistic growth? There is probably a ceiling to most growth, wouldn't it make more sense to ask where it lies? http://en.wikipedia.org/wiki/Logistic_function
Edit: if you think of the logistic function as modeling the rate we create information, this is one possible "story": initially there's slow growth due to technology. Then the technology picks up, and there's the exponential phase we're seeing right now. That settles into a nice linear trend as the tech matures. Finally, we hit either natural (e.g., satiation) or technological limitations and that slows the rate of growth. At the very limit, we're still creating information, but at a constant rate. The rate of growth might be near 0, but the rate of production is still bloody high.
Forecasting these kinds of relationships back to the dawn of time seems a bit tricky to me - I would guess we're really seeing something like an S curve.