Earlier quoted context omitted.
That first sentence could replace the entire paper. Growth functions are inherently/fundamentally exponential (regardless of whether we're talking about bacterial colonies, populations of rabbits, compound interest or ROI), but the forces that act on the exponent change over time. It really is this simple.
Real exponential growth is fairly rare outside mathematical models, it is almost always attenuated by logistical bottlenecks or resource scarcity after some initial phase.
Is growth linear, not exponential?
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Re: Is growth linear, not exponential?
#72It's almost certainly exponential, but the rate of growth depends on a number of dynamic factors. Corrupt elites often shut growth down. It happened in China and Japan several times in the second millennium, and it's happening in the US in the third one; we've backslid since about 1970.
If the rate of growth varies dynamically over time, then it is not exponential growth. Exponential growth only varies in proportion to itself.
Re: Is growth linear, not exponential?
#73Earlier quoted context omitted.
> Corrupt elites often shut growth down. Yeah so that's oncologists for one, suppose I go to Cuba to a real doctor the likes of which cannot be found in America and get treated for cancer. That's precisely what I want is for that doctor to shut the growth of the tumor down, be a corrupt elite to that tumor, tell it the show's over. It's part of my body like the runaway growth thing is part of the economy, but if eith…
Exponential growth can't go on forever (according to our current understanding of physics anyway), but we're a long way away from the cap. Plenty of resources in the solar system, after all. I'm not unconcerned that our resources can only grow as fast as our lightcone, but I don't lose much sleep either.
Re: Is growth linear, not exponential?
#74Earlier quoted context omitted.
Yeah there's always economic miracles or Moore's law but for diodes or some shit, something, they all peter out. All of them. No exceptions. All of them. Moore's law is in the saggy part of the S-curve, it's been morally dead for fourteen years in some ways, eleven years in others, and for eight years transistors flat out don't shrink at all they just pack more of them in the same space. I saw this coming, I did the…
Exponential compound interest is just linear simple interest with a fixed term loan with auto renewal of non -paid balance. Why would anyone ever pay back a loan if it had zero additional interest for extending the term?
I have excellent answers to that. Well first off I would, because I pay loans in order from most benevolent to least benevolent. Second I figure out the mathematical theory that generalizes interest, and includes all types of interest as special cases, and compound interest is the special case number infinity, the most morally wrong case.
Re: Is growth linear, not exponential?
#75Earlier quoted context omitted.
If the rate of growth varies dynamically over time, then it is not exponential growth. Exponential growth only varies in proportion to itself.
It's all epicycles of exponents on exponents. The world is a Fourier series.
Re: Is growth linear, not exponential?
#76Earlier quoted context omitted.
Exponential growth can't go on forever (according to our current understanding of physics anyway), but we're a long way away from the cap. Plenty of resources in the solar system, after all. I'm not unconcerned that our resources can only grow as fast as our lightcone, but I don't lose much sleep either.
I used to worry about the heat death of the Universe, before I realized life will annihilate itself first.
Re: Is growth linear, not exponential?
#77Is this new? I remember reading an article a long time ago (maybe 15 years?) discussing how growth in aircraft speed was overall exponential, but linear for each new technology that was introduced.
Aircraft speed maxed out a long time ago. "All the aircraft which went significantly over Mach 3 are now in museums." - Scott Crossfield, former X-15 test pilot.
As an aside, the Falcon 9 flew 30 times last year and goes significantly over Mach 3.
Re: Is growth linear, not exponential?
#78Earlier quoted context omitted.
How is aircraft limited to the speed of sound still?
they're not? it just turns out that the most efficient cruising airspeed for passenger jets is in the upper end of the subsonic range. most people can't afford supersonic travel, and the ones that can overwhelming prefer to spend the extra money on a more comfortable subsonic flight. interestingly, extremely high speeds turn out not to be that useful for military aircraft either. the fastest production fighter jet of…
The F-15 was designed primarily as an air-superiority fighter (and in fact misinterpretation of the Mig-25 design was motivation for increasing its maneuverability; the Mig-25 was a dedicated interceptor).
[edit]
In general the Soviets seemed to really like interceptors, the MiG-31 is arguably faster than the Mig-25; altitude and willingness to destroy the engines affect the calculation.
Re: Is growth linear, not exponential?
#79The last time i did a similar fit with world GDP between 1920ish and now it came out as O(x^a) where a was between 4 and 5. Actually i fitted the ODE dx/dt = \beta*x^\alpha to data, the fitted looked nice. I wish i wrote a blog post about it.