Posts in English

Per Axbom Twitter

You are offered a job that lasts for 7 weeks. Choose your salary:

(A) $100 on the first day, $200 on the second day, $300 on the third, and so on.

OR

(B) 1 cent on the first day, 2 cents on the second, 4 cents on the third, 8 cents on the fourth, doubling each day.

>>

Most people unfamiliar with exponential growth choose salary A.

If you did you would earn 2800 in week 1, then $7700, $12600, $17500, $22400, $27300 then $32200, for a grand total of $122,500.

Not bad. That money may get you where you want to go.

But...

Those who choose salary B earn $1.27 in week 1, then $162.56, $20807.68, $2,663,383.04, $340,913,029.12, $43,636,867,727.36 then $5,585,519,069,102.08

for a total of $5,629,499,534,213.11.

My simple point is this: in an environment of exponential growth, don’t let yourself be fooled by small numbers.

I also acknowledge that in a real world envionment exponential growth rarely persists because resources run out, or there are fewer people to infect.

Stay well. ❤️

Related wisdom from steph:

x.com/sclawr/status/…

🔗 Originally posted on Twitter

Per Axbom Twitter

Covid-19 press briefing by Swedish government right now due to heightened risk assessments and indications of community spread. We are slowly moving from containment to mitigation. Government removing qualifying day of sickness, with no cost to employers.

Related: Yesterday, CEO Daniel Ek announced that all Spotify employees will be working from home the next 2 weeks. No employees have been diagnosed with Covid-19 — it's a protective measure. Daniel writes that he hopes other companies will follow suit. x.com/eldsjal/status…

To be clear, up until yesterday Sweden has 326 confirmed cases of COVID-19. We have had 0 deaths. 325 of these cases have been confrmed in the last 15 days.

In Sweden's case a large number of those infected were infected during trips to Italy or by people returning from Italy.

The just released number of known cases today in Sweden is 461. But no further indications of community spreading.

Majority of those infected are 40-60 years old. Most cases can be traced to northern Italy.

Sweden prides itself in being really good at contact tracing, but also epidemiological surveillance and microbiological surveillance. Read about our High-Containment laboratory here: (close to where I live)

folkhalsomyndigheten.se/the-public-hea…

Alas, Sweden also finds itself today with its first fatal victim of Covid-19.

"An elderly person in intensive care, with an underlying illness."

omni.se/a/b52j3d

🔗 Originally posted on Twitter