14 November 2020

Exponential Growth II

"Taking no action to solve these problems is equivalent of taking strong action. Every day of continued exponential growth brings the world system closer to the ultimate limits of that growth. A decision to do nothing is a decision to increase the risk of collapse." (Donella Meadows et al, "The Limits to Growth", 1972) 

"Every day of continued exponential growth brings the world system closer to the ultimate limits of that growth." (Mihajlo D Mesarovic, "Mankind at the Turning Point", 1974)

"The world's present industrial civilization is handicapped by the coexistence of two universal, overlapping, and incompatible intellectual systems: the accumulated knowledge of the last four centuries of the properties and interrelationships of matter and energy; and the associated monetary culture which has evolved from folkways of prehistoric origin. […] Despite their inherent incompatibilities, these two systems during the last two centuries have had one fundamental characteristic in common, namely exponential growth, which has made a reasonably stable coexistence possible. But, for various reasons, it is impossible for the matter-energy system to sustain exponential growth for more than a few tens of doublings, and this phase is by now almost over. The monetary system has no such constraints, and according to one of its most fundamental rules, it must continue to grow by compound interest." (Marion K Hubbert, "Two Intellectual Systems: Matter-energy and the Monetary Culture", [seminar] 1981)

"The change from atoms to bits is irrevocable and unstoppable. Why now? Because the change is also exponential - small differences of yesterday can have suddenly shocking consequences tomorrow." (Nicholas Negroponte, "Being Digital", 1995)

"In order to have a continuing influence, the stock market has to continue rising at an accelerating pace faster than exponential. Only a faster-than-exponential stock market growth makes private investors feel richer." (Didier Sornette, "Why Stock Markets Crash" , 2003)

"Evolution moves towards greater complexity, greater elegance, greater knowledge, greater intelligence, greater beauty, greater creativity, and greater levels of subtle attributes such as love. […] Of course, even the accelerating growth of evolution never achieves an infinite level, but as it explodes exponentially it certainly moves rapidly in that direction." (Ray Kurzweil, "The Singularity is Near", 2005)

"The standard big bang model doesn’t explain the smoothness and flatness of the universe, so it’s been embellished by an additional component: inflation. A minuscule fraction of a second after the big bang, the universe was propelled into an exponential expansion that increased its size from a proton to a grapefruit. […] Moreover, if we accept the theory that the universe emerged from a quantum seed and exponentially expanded in the big bang, there is the possibility that other regions of space-time exist, remote in time or space from our universe. Due to the random nature of quantum processes, these parallel universes could have wildly different properties. This extravagant concept is called the multiverse." (Chris Impey, "The Living Cosmos: Our search for life in the universe", 2007)

"A characteristic of such chaotic dynamics is an extreme sensitivity to initial conditions (exponential separation of neighboring trajectories), which puts severe limitations on any forecast of the future fate of a particular trajectory. This sensitivity is known as the ‘butterfly effect’: the state of the system at time t can be entirely different even if the initial conditions are only slightly changed, i.e., by a butterfly flapping its wings." (Hans J Korsch et al, "Chaos: A Program Collection for the PC", 2008)

"Standard economists don't seem to understand exponential growth. Ecological economics recognizes that the economy, like any other subsystem on the planet, cannot grow forever. And if you think of an organism as an analogy, organisms grow for a period and then they stop growing. They can still continue to improve and develop, but without physically growing, because if organisms did that you’d end up with nine-billion-ton hamsters." (Robert Costanza, "What is Ecological economics", 2010)

"Exponentially growing systems are prevalent in nature, spanning all scales from biochemical reaction networks in single cells to food webs of ecosystems. How exponential growth emerges in nonlinear systems is mathematically unclear. […] The emergence of exponential growth from a multivariable nonlinear network is not mathematically intuitive. This indicates that the network structure and the flux functions of the modeled system must be subjected to constraints to result in long-term exponential dynamics." (Wei-Hsiang Lin et al, "Origin of exponential growth in nonlinear reaction networks", PNAS 117 (45), 2020) 

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