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PREDICTIONS – 10 Years Later - Santa Fe Institute

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7. COMPETITION IS THE CREATOR AND THE REGULATOR<br />

Figure 7.3 depicts the discovery of the stable elements over the centuries.<br />

The graph at the top shows the number of elements known at any given<br />

time. In Chapter Two it was suggested that a single S-curve can approximately<br />

describe the overall set of data points in the discovery of stable<br />

elements. Taking a closer look here we may distinguish four smaller S-<br />

curves in cascade. The lower graph shows the life cycles corresponding to<br />

each period, depicting the number of elements discovered per decade.<br />

The emerging picture presents peaks of activity similar to those seen in<br />

Mensch’s classification of basic innovations. 6<br />

THE STABLE ELEMENTS WERE DISCOVERED IN CLUSTERS<br />

FIGURE 7.3 The small circles indicate the number of stable chemical element<br />

known at a given time. The S-curves are fits over limited historical windows,<br />

while the dotted lines below represent the corresponding life cycles. The arrows<br />

point at the center of each wave hinting at some regularity. ∗<br />

∗ The data came from The American <strong>Institute</strong> of Physics Handbook, 3rd ed. (New York:<br />

McGraw-Hill).<br />

149

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