..where it consumes a lot of investment for little benefit until the tech and process are perfected sufficiently to reliably cahflow. Then tons of people pile in and experienced and scale economies take over along with hundreds of refinements in the tech. The result is almost vertical gains in productivity for a time until all of the obvious innovation extensions are exploited and the innovation rate slows down.
Fracking is at the steepest sweetest phase of the curve right niw and it's a wonder to behold.
http://news.investors.com/ibd-editorials-brain-trust/092314-718598-shale-production-per-well-rises-despite-pessimists.htm?p=full%20#axzz3ER9izdtk
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