In natural numbers the unary successor operator $S$ is the most natural function which maps each number to the next one. Furthermore we may consider the binary relation $+$ as an iteration of $S$. Also $\times$ is an iteration of $+$ and $\exp$ is an iteration of $\times$ i.e.
$\forall m,n\geq 1$
$m+n:=\underbrace{S(S(S(\cdots S}_{n\ \text{times}}(m))))$
$m\times n:=\underbrace{m+m+m+\cdots+m}_{n\ \text{times}}$
$m^n:=\underbrace{m\times m\times m\times \cdots\times m}_{n\ \text{times}}$
We build the rich arithmetic of natural numbers via above three natural operators. Also they show many complicated mutual relations with each other. But, why do we stop here in arithmetic of natural numbers and don't go forward with continuing iterating operators again and again? i.e.
$m*n:=\underbrace{m^{m^{m^{.^{.^{.^{m}}}}}}}_{n\ \text{times}}$
$m\circledast n:=\underbrace{m*m*m*\cdots*m}_{n\ \text{times}}$
$m\circledcirc n:=\underbrace{m\circledast m\circledast m\circledast \cdots\circledast m}_{n\ \text{times}}$
$\vdots$
The point is that maybe there are rich interactions between these new natural operators and the ordinary arithmetic operators of natural numbers. These interactions may unfold some deep aspects of long standing open questions of number theory which hopefully can lead us to a solution itself.
Question: Why do we stop at exponentiation stage in arithmetic of natural numbers? Is there any mathematical or philosophical problem about defining such generalized operators and working with them as well as successor, sum, multiplication and exponentiation? Are these "unnatural" in any sense? If yes, what does this "unnatural" essence mean? Did these extended set of operators on natural numbers appeared in any text before? If yes, please introduce your references.
Sure, large numbers do appear moderately often, if you look up the research literature in Combinatorics. The examples I can think of are the Knuth's Up-Arrow Notation, Conway Chained-Arrow Notation, Hyperoperators, Tetration, Cutler's Bar Notation, Steinhaus-Moser Notation.
A good starting point for entry into the study of such operators would be this article on Wikipedia : Knuth's Up-Arrow Notation
Also, if you interested in large numbers, you might want to check this out : Googol
You could also read Lore of Large Numbers published by American Mathematical Society.