Exponential growth can be a terrifying thing. We all know the story of the king who was foolish enough to grant a boon to one who was familiar with the concept of exponential growth. To recount, the king said, “Ask and I will grant it to you.”
The man said, “All I want is a few pennies. I want one penny on the first square of a chess board, two pennies on the second square, four pennies on the third, eight pennies on the fourth, and so on till we reach the 64th square of the chess board.”
The king, like our present day innumerate kings, was immensely relieved. Here was this idiot asking for pennies when he could have asked for a ton of gold. “Done,” said the king and asked his minister to make the arrangements.
The minister soon reported that he had finished counting the total amount the king had promised and it turned out to be around 184,467,441,000,000,000 or $185 million trillion. The annual GDP of the US is $10 trillion. It would take the US about 18.5 million years to get that amount together.
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We are talking large sums when exponential growths are concerned. It does not matter what the value of the exponent is. It could be as little as 2%. In a matter of just 35 years, the world population of 6 billion would increase to 12 billion at a 2% growth rate. It is estimated that it took all of human history till the year 1804 CE for human populations to hit the billion mark. The latest billion was added to the human population in about 12 years — a million times faster.
Population Year Interval ---------- ---- -------- 1 billion 1804 all of human history 2 billion 1927 123 years 3 billion 1960 33 years 4 billion 1974 14 years 5 billion 1987 13 years 6 billion 1999 12 years
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India’s population was around 350 million in 1947. Now we have three times as many people alive in India. Bihar, UP, Rajasthan, and MP make nearly 45% of India. They are also among the poorest states of India.
India has more people than all of Africa, North America and South America combined. And all these people, more than a billion, or around 17% of all humanity, are jammed into only 2.4% of the world’s landmass.
It is crowded as all heck and still every year we add more people than the population of Australia.
Population in India density has risen concomitantly with the massive increases in population. In 1901 India counted some seventy-seven persons per square kilometer; in 1981 there were 216 persons per square kilometer; by 1991 there were 267 persons per square kilometer–up almost 25 percent from the 1981 population density. India’s average population density is higher than that of any other nation of comparable size. The highest densities are not only in heavily urbanized regions but also in areas that are mostly agricultural.[Source]