The 10 features of complex systems: Part 1
Simplifying Complexity
Increasing Returns (Order) in a System is a Product of Disorder, Numerosity, and Feedback
Disorder, in tandem with feedback, leads to order. Feedback occurs when information is transmitted and found by others, creating a cycle. This feedback, combined with disorder, results in the phenomenon of increasing returns, where random decisions influence subsequent decisions. Increasing returns in a system depend on disorder, feedback, and the involvement of a sufficient number of individuals.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
