by Tim Price
“My interest is in the future because I am going to spend the rest of my life there.” – Charles Kettering.
Perhaps the most extraordinary and important presentation you will ever see can be found on YouTube, here. Dr Albert A Bartlett, Professor Emeritus at the Department of Physics at the University of Colorado at Boulder, shares his observations about the power of the exponential function – what happens when the supply of anything grows, and compounds, at a fixed rate over time. As Dr Bartlett warns,
“The greatest shortcoming of the human race is our inability to understand the exponential function.”
Here is an example from the world of bacteria.