Is it like (2^2)^2 equals 16
$$(2^3)^4\ =\ 2^3*2^3*2^3*2^3\ =\ 2^{12}$$
but
$$2^\(3^4\) =\ 2^{81}\\\\$$
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Yes, there is also something called the power rule, which states that a^m^n=a^(m*n.)
For example, 3^4^5=3^20.