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PREDICTIONS – 10 Years Later - Santa Fe Institute

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EPILOGUE<br />

Fads and media stories about certain issues rise and subside, and in<br />

so doing produce waves of interest. These waves reflect the public’s<br />

preoccupation, but at the same time they stimulate it, thus mixing cause<br />

and effect. The feedback loop does not deteriorate into a vicious circle<br />

that goes on forever, however. Fads and preoccupations have a certain<br />

potential to exhaust and a life cycle to go through. Each wave of interest<br />

replicates a natural-growth process.<br />

Once growth is complete, the level reached reflects an equilibrium.<br />

Its signature becomes an invariant or constant that, despite erratic<br />

fluctuations, manifests the existence of tolerance thresholds and social<br />

balance. To find these constants one may have to look beyond the sensational<br />

headlines, which sometimes mask the essential message. Social<br />

living is self-regulated and may ultimately defy legislation and public<br />

opinion.<br />

Finally, there is “tool” of the overall cycle that clocks people’s<br />

whims and adventures with a period of about fifty-six years. Like a<br />

slow underlying pulsation, it rocks society regularly, sending it through<br />

waves of violence and destruction, achievement and progress, prosperity<br />

and economic depression. All these “tools” can be used<br />

quantitatively as means to improve forecasts and decrease the chance<br />

of mistakes. Through use of historical data they can help reveal the<br />

direction of a course and the extent of its boundaries. One can even<br />

estimate the size of the deviations expected above and below the projected<br />

path.<br />

But perhaps they can be of even greater help in a qualitative way,<br />

without the use of computers, fitting programs, and mathematical calculations.<br />

When these tools are grasped more than just intellectually, they<br />

give rise to a better understanding of the most probable evolution of a<br />

process and how much of it still lies ahead. Such understanding goes<br />

well beyond the supertanker analogy, which claims that supertankers<br />

cannot make sharp turns, and therefore their immediate course is predictable.<br />

The life cycle of natural growth is symmetric, so that there is<br />

as much to be expected from the time the maximum rate of growth is<br />

reached to the end of the cycle as was obtained from the beginning of<br />

the cycle to the time of the maximum rate of growth. From half of a<br />

growth process one can intuitively predict the other half.<br />

Invariably there is change, some of it imposed, some of it provoked.<br />

For one reason or another, transitions always take place. Change may be<br />

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