Dot.@feddit.org to People Twitter@sh.itjust.worksEnglish · 1 day agoRich tax.feddit.orgimagemessage-square148fedilinkarrow-up11.41Karrow-down120file-text
arrow-up11.39Karrow-down1imageRich tax.feddit.orgDot.@feddit.org to People Twitter@sh.itjust.worksEnglish · 1 day agomessage-square148fedilinkfile-text
minus-squareNutWrench@lemmy.worldlinkfedilinkarrow-up24·1 day agoAt this rate, we’re going to have our first trillionaire by the end of the decade. How much is enough? How big does that pile of money need to be?
minus-squarerhpp@programming.devlinkfedilinkarrow-up4·1 day agoThat’s not how exponential growth works. A ×10 increase in 1.2 years implies a ×1010 increase in 12 years. According to these numbers it should be ×10 in 6 years which roughly aligns with the end of the decade.
minus-squarestebo@lemmy.dbzer0.comlinkfedilinkarrow-up2·edit-21 day agolol i seriously messed up the math there sorry, thanks for pointing it out
At this rate, we’re going to have our first trillionaire by the end of the decade. How much is enough? How big does that pile of money need to be?
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That’s not how exponential growth works. A ×10 increase in 1.2 years implies a ×1010 increase in 12 years. According to these numbers it should be ×10 in 6 years which roughly aligns with the end of the decade.
lol i seriously messed up the math there sorry, thanks for pointing it out