This question is about how fast is technology advancing.
Yes, technology is growing exponentially. Computers'speed and power have generally been doubling every one and a half to two years since the 1960s and 70s. This is exponential growth, and while some experts doubt this rate is sustainable for much longer, it's true for now.
Other areas of technology that have seen exponential growth over the past several decades include digital cameras and human genome DNA sequencing.