Image de couverture de Book of Extremes Why the 21st Century Isn't Like the 20th Century
Book of Extremes Why the 21st Century Isn't Like the 20th Century
Titre:
Book of Extremes Why the 21st Century Isn't Like the 20th Century
ISBN (Numéro international normalisé des livres):
9783319069265
Auteur personnel:
Edition:
1st ed. 2014.
PRODUCTION_INFO:
Cham : Springer International Publishing : Imprint: Copernicus, 2014.
Description physique:
X, 184 p. 53 illus., 15 illus. in color. online resource.
Table des matières:
Waves -- Flashes -- Sparks -- Booms -- Bubbles -- Shocks -- Xtremes -- Bombs -- Leaps -- Transitions.
Extrait:
What makes the 21st century different from the 20th century? This century is the century of extremes -- political, economic, social, and global black-swan events happening with increasing frequency and severity. Book of Extremes is a tour of the current reality as seen through the lens of complexity theory - the only theory capable of explaining why the Arab Spring happened and why it will happen again; why social networks in the virtual world behave like flashmobs in the physical world; why financial bubbles blow up in our faces and will grow and burst again; why the rich get richer and will continue to get richer regardless of governmental policies; why the future of economic wealth and national power lies in comparative advantage and global trade; why natural disasters will continue to get bigger and happen more frequently; and why the Internet - invented by the US -- is headed for a global monopoly controlled by a non-US corporation. It is also about the extreme innovations and heroic innovators yet to be discovered and recognized over the next 100 years.Complexity theory combines the predictable with the unpredictable. It assumes a nonlinear world of long-tailed distributions instead of the classical linear world of normal distributions. In the complex 21st century, almost nothing is linear or normal. Instead, the world is highly connected, conditional, nonlinear, fractal, and punctuated. Life in the 21st century is a long-tailed random walk - Levy walks -- through extreme events of unprecedented impact. It is an exciting time to be alive.
Auteur collectif ajouté:
Langue:
Anglais