An Evolution Process Model

In today's stockpoll group, Youhang Peng stated that he had long felt that one should model the market like an evolution process. He said that he was not really into building models so he once thought about asking Max to look into evolution models.

I have thought about the market process is similar to the evolution process for a long time. I thought that was very interesting that we had similar thinking along this line.

Human has been in the evolution process for six million years. It is one of the youngest life form on the Earth. Something like Crocodiles or Cock roaches have much longer evolution processes.

However, there are more recent evolution processes with much short time history. According to some analysis, the Agricultural Time has about 3000-5000 years of history. The Industrial Revolution has approximately 300 years of history. The Information Age has about 30 to 50 years of history.

The interesting thing is that all these new human-environment processes (agricultural, industrial, and Informational) are still very young and dynamic. Now biotechnology is entering the agricultural process; the nanotech is very promising to change the industrial process; genetic engineers are thinking about completely alter the information process with life computers.

Some time I am forced to think that we are in the most interesting time of all ages. At the same time, I am wondering if people lived in the Confucius time or the time of Newton would have the similar feelings.

I was preparing the above message while Jie came home. I was going to send these thoughts out to the Stockpoll group. Jie told me that I should keep this writing. So I put this into this Blog form. I am still new to use this Blog. I should use this more often to keep writing Blogs on a more regular basis.

This is prepared on April 20, 2006.