The nonlinear partial differential equation in the title is typified mathematically as a viscous Hamilton–Jacobi equation. It arises in the study of the growth of surfaces, and in that context is known as the generalized deterministic KPZ equation. Considering the Cauchy problem with initial data that are merely supposed to be bounded and continuous, results on the temporal decay and large-time behaviour of solutions are presented. Corresponding results for the heat equation serve as benchmarks.