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When a whole is greater than the sum of its parts, it is considered a complex system. A complex system is a system whose interaction between its parts gives rise to the emergence of its behaviour,
Examples of complex systems include ant colonies, human economies, human and social behaviour, nervous systems, living systems, digital societies, stock market and so on. While some classic methods focus on individual components, focusing instead on the relationships between components allows us insights into emergent behaviours, predict likelihoods and reveal hidden patterns. Whether we look at something as small as an atom or as big as the stock market, their interacting components make it extremely hard for us to predict their future behaviour. Embracing complexity, however, we can find and reveal existing and predict emerging patterns, allowing us not only to be prepared for events and potentially avoid them altogether, but also to make better, informed decisions. |
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