Of course, a single act like the butterfly flapping its wings cannot cause a typhoon.
Small events can, however, serve as catalysts that act on starting conditions.
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The butterfly effect is an often misunderstood phenomenon wherein a small change in starting conditions can lead to vastly different outcomes. Understanding the butterfly effect can give us a new lens through which to view business, markets, and more.
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Order on a small scale can produce chaos on a larger scale. In systems that behave without chaotic effects, small differences could eventually increase in size until they produce large effects - the hallmark of a chaotic system.
Meteorologist Edward Lorenz made this profou...
Tiny, minute changes in the initial conditions, circumstances and events can have a huge, outsized impact on the final outcome.
The Butterfly Effect, which was made mainstream by the 2004 movie of the same name, takes into account the power of a tiny thing, event or action...
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