Exponential growth refers to a process where a quantity increases at a consistent rate over time, relative to its current value. In simpler terms, imagine you have $100 that grows at a rate of 10% per ...
The number of coronavirus deaths in the United States rose from 1 to 100 in a little more than two weeks. About a week later, the number skyrocketed to 1,000. Those numbers are tragic. For many people ...
Suppose you saw in the news that there was a new disease, and one person was hospitalized with it. There had been no hospitalizations before today—and yet, there had been 12,800 positive tests today ...
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Understanding and improving the impact that Big Tech has on society Technological development is happening faster than ever and changing our lives in fundamental ways. The companies behind all these ...
What’s the greatest shortcoming of the human race? I’m sure we all have some suggestions, but according to physicist Albert Bartlett, it is “our inability to understand the exponential function.” ...
Growth is worshiped above all else in our business culture. After all, what could possibly be wrong with a company’s sales growing quarter after quarter? Actually, quite a lot. Sales growth can be a ...
Exponential growth is a notoriously difficult concept to understand. This difficulty can be illustrated by an old Indian legend about a king who was tricked by one of his advisers, saying "Noble lord, ...
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