English

Chain Reaction of Ideas: Can Radioactive Decay Predict Technological Innovation?

Statistical Mechanics 2024-02-14 v1

Abstract

This work demonstrates the application of a birth-death Markov process, inspired by radioactive decay, to capture the dynamics of innovation processes. Leveraging the Bass diffusion model, we derive a Gompertz-like function explaining the long-term innovation trends. The validity of our model is confirmed using citation data, Google trends, and a recurrent neural network, which also reveals short-term fluctuations. Further analysis through an automaton model suggests these fluctuations can arise from the inherent stochastic nature of the underlying physics.

Keywords

Cite

@article{arxiv.2402.08681,
  title  = {Chain Reaction of Ideas: Can Radioactive Decay Predict Technological Innovation?},
  author = {Guilherme S. Y. Giardini and Carlo R. da Cunha},
  journal= {arXiv preprint arXiv:2402.08681},
  year   = {2024}
}