Dot.@feddit.org to People Twitter@sh.itjust.worksEnglish · 30 days agoRich tax.feddit.orgimagemessage-square178fedilinkarrow-up11.58Karrow-down124file-text
arrow-up11.56Karrow-down1imageRich tax.feddit.orgDot.@feddit.org to People Twitter@sh.itjust.worksEnglish · 30 days agomessage-square178fedilinkfile-text
minus-squareNutWrench@lemmy.worldlinkfedilinkarrow-up25·30 days 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-up6·30 days 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-up3·edit-230 days 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