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Network Defects A network defect is when increasing the size beyond a certain point decreases the value of the network. Metcalfe’s law doesn’t include this dynamic as utility is projected to just increase to infinity as network size grows, but there are a few different mathematical models that predict this outcome, such as congestion-based models o
... See moreBalaji Srinivasan • The Network State: How To Start a New Country
entropy always increases.
Geoffrey West • Scale
The point is that underlying technologies change, but, after a point, technology market shares don’t change and so they’re highly predictable.
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Network science
Nola Simon • 1 card
Future of knowledge societies
Sarah Drinkwater and • 23 cards
Sturgeon’s Law is usually put a little less decorously: Ninety percent of everything is crap. Ninety percent of experiments in molecular biology, 90 percent of poetry, 90 percent of philosophy books, 90 percent of peer-reviewed articles in mathematics—and so forth—is crap.
Daniel C. Dennett • Intuition Pumps And Other Tools for Thinking
The effect of permanent structural instability, the ‘cancellation of the long term’, is invariably stagnation and conservatism, not innovation. This is not a paradox.
Mark Fisher • Capitalist Realism: Is there no alternative?
There are always friction terms in the dynamics equation that eventually become dominant (energy consumption, heat dissipation, quantum effects, thermal fluctuations, communication bandwidth, mass/energy density....).
Even processes that *appear* exponential on a long time scale are actually a succession of... See more