In the prologue to his Real and Complex Analysis, Walter Rudin states matter-of-factly that $\exp$ is the most important function in mathematics (take note, not merely in analysis). This looked so incredible to me, and too much to claim (out of the infinite variety of conceivable mathematical functions extending beyond mapping subsets of $\mathbb{C}$ to other such subsets) that I began to wonder if this sentiment is a common one (I heard a math prof saying it's the second most important function -- he said this only as an afterthought; he had indeed claimed that it was the most important) and if so, what could so distinguish this function like this.
So, my question is twofold:
Do you think, or is it common knowledge to mathematicians, that the exponential function is indeed the most important in all of mathematics?
If so, why is this the case? What could make it more important than all the conceivable and inconceivable functions (linking arbitrary pairs of sets) out there?
Thank you.
To answer your second question:
Our entire civilization hinges on our ability to model and manipulate the surrounding environment.
The natural exponential function lies at the heart of this ability. It solves the prototypical ordinary differential equation $x' = \lambda x$ and its extension to matrices solves the system $x' = Ax$. This allows us to analyze and understand problems in classical mechanics, electromagnetism and acoustics.
In particular, without understanding the natural exponential function there would be no infrastructure, no mechanical transportation and no electricity.
More sophisticated mathematics has allowed us to develop quantum mechanics and cryptography. The utility of these topics is indisputable, but they are also irrelevant until a certain level of technology is attained. Solving Newton's laws of motion is useful at a far earlier stage of development.
To answer your first question:
No, I do not believe that this is common knowledge to all mathematicians. It is necessary to have knowledge of the history of science and technology to appreciate the importance of the natural exponential function.