Last week, I came across a concept called “The Lindy Effect.” I found it intriguing and dug deeper into the concept.

From Wikipedia
The Lindy effect (also known as Lindy’s Law) is a theorized phenomenon by which the future life expectancy of some non-perishable things, like a technology or an idea, is proportional to their current age.

The concept is named after Lindy’s delicatessen in New York City, where comedians informally theorized the concept. Mathematicians and statisticians have subsequently theorized the Lindy effect.

Nassim Nicholas Taleb, in his book, Antifragile: Things That Gain From Disorder, defines it for non-perishable items (things like information, intellectual production, etc.) as:
“If a book has been in print for forty years, I can expect it to be in print for another forty years. But, and that is the main difference, if it survives another decade, then it will be expected to be in print another fifty years. This, simply, as a rule, tells you why things that have been around for a long time are not ‘aging’ like persons, but ‘aging’ in reverse. Every year that passes without extinction doubles the additional life expectancy. This is an indicator of some robustness. The robustness of an item is proportional to its life!”

Here are FAQs on The Lindy Effect on Product Longevity.