From Emerging Trends Trader (Australia)-
You’ve no doubt read a lot about the Brexit recently. But today, I want to examine the Brexit from a Darwinist perspective.
From evolutionary computing to management consulting, the rise of biology has shaped science and technology since the discovery of genetics.
But what have genetics got to do with Brexit, or investing for that matter? A lot more than you might think… Let me explain.
The principles of genetics, or heredity, as laid out by Charles Darwin in 1868 through his hypothesis of pangenesis, have directly guided the development of fields such as computing science and business over the last 20–30 years.
Darwin’s famous ‘survival of the fittest’ conceptual framework, referring to evolutionary processes through selectivity, is as applicable in modern science and technology as it is in biology.
But what does it mean?
Simply, the phrase refers to the fact that only the ‘fittest’ survive in the course of evolution. This idea is so powerful, yet subtle, that it goes on almost unnoticed. Yet it is one of the few constant laws that hold up over time.
The idea of ‘survival of the fittest’ has given rise to modern artificial intelligence, through ideas such as genetic algorithms (algorithms that mirror the process of evolution) and artificial neural networks (algorithms that mirror the process of the brain).
It has also given rise to new ideas in business practices, such as ‘adaptive’ project management, ‘Agile’ (a process that lets change dictate project direction) and ‘Lean Startup’ (a process that lets speed and responsiveness dictate start-up businesses).