I prefer “what’s the difference between a million dollars and a billion dollars? About a billion dollars.”
Honestly, is “a thousand times more” too much for people to process?
Seems pretty straight forward.
In some countries “billion” menas a million millions, that one would make more sense to me.
I’d say 1000x really is too hard to process. We hear the words, millions and billions and sometime trillions thrown around in the modern world. I’d guess most people process “billion” as “a lot more” than a million. Hell, we can hardly relate to 1,000,000 IRL.
It really is hard to get our monkey brains around, didn’t evolve to deal with massive numbers.
EDIT: Forgot to add this anecdote.
Read a story where a local elementary teacher had a project for her kids to come up with a million bottle caps. Idea being to show them what a mind-blowing number a million is. Yeah. You could hide several bodies in that pile. It was freaky.
Well, our brain obviously can’t understand 1 million individual items independently at once, that’s not how we’re wired. But we do understand what 1000 times more means conceptually.
I do understand what I can buy with 1000 dollars. We don’t need to see every dollar as a individual entity in our minds to understand 1000 dollars.
10^9 - 10^6 = 10^9
It’s easier to visualize this way : you have 100 dollars in your pocket. There is 10 cents on the pavement. Do you care about those ten cents? Probably not. They are just a rounding error.
“The greatest shortcoming of the human race is our inability to understand the exponential function.” - Bartlett
With a bit of quick math $120,000 a year over 90 years is $10,800,00 to get closer $120,000 a year over 9000 years is 1,080,000,000
You could pick about 100 people and set them up for a super financially comfortable life
I’m going to need eternal life to become a billionaire, and even then I’m not sure I can do it.
I saw a post the other day, people getting mad at some ceo making 30million a year.
So in ten years they made 300mil, in 100 years the’ve got 3billion, after a thousand years they’ve made 30billion… so after like five thousand years, they’d see eye to eye with bezos…
The best way to fathom this is to have a crippling addiction to Runescape. You can pretty much earn your first million after a week or two of play, after a certain point be able to earn few million a day. However, it can take multiple years for people to earn 1 billion gold, which is needed for some of the strongest equipment in the game.
RuneScape truly prepares you for everything in the world when it comes to financial management!
Me with time blindness: so about the same?
