I've been thinking about this for some days, a multiplication is a lot of sums, so:
$$75\times 75=\overbrace{75+75+75+75+75+75+75+75+\cdots}^{\text{75 times}}$$
But then, there is a simple algorithm that enable us to multiply without having to sum all those numbers. In the same way, exponentiation is repeated multiplication - but I wasn't taugth about such algorithm for exponentiation. I've been thinking in representing the number with a polynomial, for example:
$$1038=10^3+3\cdot 10^1+8\cdot10^0$$
Then:
$$1038^{1038}=(10^3+3\cdot 10^1+8\cdot10^0)^{1038}$$
But from here (considering what I currently know) I'd have to multiply it $1038$ times. The mentioned multiplication would be:
$$(10^3+3\cdot 10^1+8\cdot10^0)^{1038}=\overbrace{(10^3+3\cdot 10^1+8\cdot10^0)\cdot (10^3+3\cdot 10^1+8\cdot10^0)\cdot \dots}^{\text{1038 times}}$$
The first idea I had: There might be some connection with the binomial theorem, but I don't see how it fits. The second idea would be to find a way to write:
$$(10^\color{red}{3}+3\cdot 10^\color{red}{1}+8\cdot10^\color{red}{0})^{1038}$$
In which the red exponents are multiplied in some way by $1038$. There might be some connection with logarithms here, but I don't see it. And it could be the case that these techniques won't yield the results I'm looking for, so: Is there a simple algorithm for large numbers elevated to large exponents?
This is probably not a complete answer but still worth knowing. In general, to compute $a^n$, you do not need to multiply it $n-1$ times. You can get away with at-most $\mathcal{O}(\log_2(n))$ multiplications as shown below.
Write $1038$ in binary as $2^{10} + 2^3 + 2^2 + 2$. Now to compute $a^{1038}$, it is now sufficient to compute only $a^2$, $a^4$, $a^8$ and $a^{1024}$.
First computing $a^2$ as $a \cdot a$, which involves one multiplication.
Next compute $a^4$ as $a^2 \cdot a^2$, which involves one multiplication.
Next compute $a^8$ as $a^4 \cdot a^4$, which involves one multiplication.
and all the way upto $a^{1024}$.
So far, it has involved $10$ multiplications. Finally, put together $a^2 \cdot a^4 \cdot a^8 \cdot a^{1024}$, which involves $4$ multiplications. Hence, we only need a total of $14$ multiplications.