Physicist Geoffrey West has found that simple, mathematical laws govern the properties of cities — that wealth, crime rate, walking speed and many other aspects of a city can be deduced from a single number: the city’s population. In this mind-bending talk from TEDGlobal he shows how it works and how similar laws hold for organisms and corporations.
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As organisms, cities, and companies scale up, they all gain in efficiency, but then they vary. The bigger an organism, the slower. Yet the bigger a city is, the faster it runs. And cities are structurally immortal, while corporations are structurally doomed. Scaling up always creates new problems; cities can innovate faster than the problems indefinitely, while corporations cannot.
These revolutionary findings come from Geoffrey West’s examination of vast quantities of data on the metabolic/economic behavior of organisms and organizations. A theoretical physicist, West was president of Santa Fe Institute from 2005 to 2009 and founded the high energy physics group at Los Alamos National Laboratory.
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