Great lecture! Why do I feel in love though?

29:00

Great "since YOU are doubting it why don't YOU tell me!"

i think this is one of the most helpful inputs i have ever had into my system no double entendre intended this was a profoundly helpful lecture .. for in life generally, for creating perspective on how to analyse problems and opportunities and to create ways to get to goals and solve problems etc she seems like she was a very lovely, and fun, person to know.. the use of the beer keg at a party, as am analogy/model, was genius as that would be immediately understandable and also a thinking and talking point, and the kegs or glasses of beer would serve as a REMINDER of the principles, for students AT parties and in social settings for the rest of their lives, and I'll always remember her thankyou Mrs Meadows.. and to all who helped make it possible to see these lectures..i hope more are saved for the future too..i think this is the best explanation of the principles of modelling system dynamics that i have ever heard or seen i just wish i was better at APPLYING the principles TO solving the problems in my own life! I'll get back to trying to figure out and DO the solutions, try to create some positive feedback loops that aim towards my objectives!!! good luck folks! from Rolland in Scotland

Sums up our relentless consumption of everything with predictable results.

Can't you provide the material she's working with? It's a little challenging to follow the lesson otherwise

28:26 I had a question about this, and I’m a bit sad that she isn’t able to answer it, but I’ll still express it here. She stated that oil companies pricing their oil higher will cause more total (or gross) revenue. And then this would result in companies having more money to invest in oil exploration & extraction. But if we assume that oil companies are increasing oil prices to account for the cost of oil exploration/extraction, how would they then have more money to spend? In doing so, they would certainly increase *gross* revenue, but this would not increase net revenue-which is the money available to them after all expenses are subtracted. Rather, if they increase oil prices enough to afford even more investments into oil, then the higher prices would need to be explained by factors other than increasing operational costs of oil exploration. For example, it’s possible that the oil companies’ desire to invest more is, in the first place, what incentivizes the price increase rather than the increased cost of oil exploration-particularly if we’re saying that the higher prices lead to a higher financial capacity to invest in oil. So, with this understanding, the increasing cost of oil exploration should have almost no bearing on how many more investments the oil company makes later down the line, aside from the money spent on those exact exploration costs. And if the “more” investments talked about are the same thing as the increased costs resulting from less easily available oil, isn’t that just redundant? I think my confusion might be because the model doesn’t distinguish between what is being done to maintain a certain margin/net state of things versus what is being done to increase that margin. Like, it states that more investments lead to “more oil discovery”. But does this mean that, say, last fiscal year an oil company discovered x amount of oil reserves, and now this fiscal year they’ve invested more money which has led them to discover x+10 oil reserves? Or does it mean that they discovered the exact same amount of oil reserves that they discovered last year, maybe even less, but since the total amount of oil reserves discovered is increasing that is being considered as “more”? Anyhow, I’m really enjoying this lecture. I hope I find more gems like this!

its so impresive to see the way she lead this "half century lecture", feels like she was presenting this topic for us today.

1. causal linkages 2. feedback loops 3. rates and levels 4. structural behavioral relationships

Nothing short of amazing even today

Can any one share with the community if the have the documents used in the great lecture .Other documents or links for further understanding will be greatly appreciated.

47:15 "It is more important to have the model represent the world correctly than it is for the model to follow the rules of the method correctly."

Thank you so much for this video! It’s REALLY helpful to see her deep perspective and theories on this topic! ❤ Also, I LOVE the keenness to creating such an interactive video with tips, and highlights, and sectioning, etc! God bless you! Big time!❤

Throne room theme from Star Wars was a nice touch. lol

How can unproven reserves of oil be a level if you have no idea how much oil is left to discover? Am I missing something?

The keg analogy made me laugh. She knew she was talking to college students. 😆

She was such a warm soul

hello from upmin!

so where are we exactly right now

As a business analytics MBA graduate and an entrepreneur this is some deep knowledge that all my time is business school now make more sense .Combining this thinking along with data science would greatly improve one’s way of decision making and strategic actions .

It is such a gift to be able to „sit“ in her classroom, decades after Dana Meadows gave this brilliant lecture. Her work, her attitude and her wisdom are such an inspiration. It is a tragedy she isn‘t among us anymore. Fortunately, thanks to these videos and her great book „Thinking in Systems“ we can still interact with her work and her thinking.

Funny to see she describes what is nowadays commonplace with black box modelling. We have no clue what our KZbin algorithm, chatgpt or other self-taught/artificially intelligent models do specifically. We can only know what went into the training set, not what it is that the models found. That's not too say the systems age is over though, it's just that humanity is no longer the only complex choice maker anymore.

She’s just great! Prof. Meadows shows our present education system simply doesn’t produce people with this level of acuity, intelligence, and cognitive clarity anymore… you think we aren’t getting dumber- we are. Look what we used to be like (watch any tertiary level lecture from the 1950-1980s and you’ll see the same thing: far smarter people talking far more competently) ❤

Watching this feels like touching youtube's heart ❤

Sci 11 brought me here 🫶

Shout out sa mga nag-aaral ngayon ng SCI 11 sa UPOU diyan hahaha

20 years before it becomes apparent... we are there with our pollution and degradation of ecosystems.

science 11 is some bullshit

Thank you for this post. Its one for the ages.

Man she was brilliant. What a beautiful mind.

A picture is worth a thousand words! So much was said with so little time! Thank you

It would be nice to have a new field that extends beyond system dynamics

Master class of system thinking 🙌. Clear, dynamic and stimulating. Thanks for sharing 🤗 PD: I highly recommend her book Thinking in Systems 💯

I love her way!

Y'all, I don't believe society appreciates what Donella (Dana) Meadows did for it.

She is so elegant and graceful! I like the way she drew the loops on the board.

Minute 58 was Doonella Meadows

🎯 Key Takeaways for quick navigation: 00:00 🤖 *The lecture focuses on the philosophical aspects of system dynamics, emphasizing it as a philosophy for understanding complex systems.* 02:50 🧠 *System dynamics involves four crucial aspects: causal linkages, feedback loops, rates and levels, and structural behavioral relationships.* 05:23 ⚖️ *Causal linkages in system dynamics models aim to represent true causal relationships, distinguishing them from correlational relationships.* 08:15 🔄 *System dynamics models often include nonlinear relationships and account for delays in order to accurately capture the dynamic behavior of a system.* 18:09 ⭕ *Feedback loops are fundamental in system dynamics, with a basic feedback loop involving the state of the system, actions or decisions, and information flow.* 22:58 ➖ *Feedback loops can be positive or negative; negative loops counteract changes, while positive loops self-reinforce, leading to continuous growth or decline.* 28:06 💰 *Increasing oil prices lead to higher revenues for oil companies, enabling more investment in exploration.* 31:32 🔄 *The relationship between reserves, exploration cost, and price forms a positive feedback loop in the oil industry.* 32:10 🛢️ *Deregulating oil prices is discussed in Congress as a solution to maintain revenue for exploration, emphasizing the importance of the feedback loop.* 33:05 ⚖️ *System dynamics involve considering not only positive feedback loops but also negative loops, like the cost of exploration affecting the amount of oil discovered.* 35:09 🔄 *Systems in system dynamics are considered state-determined, meaning internal variables influence the system more than external factors.* 36:17 🔄 *Jay Forrester asserts that no human decision is made outside the context of a feedback loop, emphasizing the importance of understanding system dynamics in decision-making.* 38:47 🔄 *In feedback loops, there are levels (state variables) and rates (decisions/actions), forming the fundamental elements of system dynamics models.* 45:38 ⏳ *Delay symbols, while not used in this course, represent time delays in the impact of certain factors, such as the regulatory process affecting oil prices.* 49:01 📈 *Positive feedback loops tend to generate exponential growth, while negative feedback loops result in goal-seeking behavior over time in system dynamics.* Made with HARPA AI

I hope you pedos will be buried underground until 2025

This is very helpful resource and reminder! Thank you Linda, Marta, David and the rest of the team.

Christians, believers, give us a black box modeling of the universe. The problem with Christians is truth is irrelevant, the end justifies the means. The number of lawyers indicted with Trump is the shame of Justice. Atheism doesn't explain anything, but the faithful don't have any standards for explanations. It cannot be moral or ethical to suggest there is a god. As if one should respect the suggestion, we all travel with one foot in fantasyland, using a fantasyland vocabulary. You know them by their works, so what does it tell you about those advocating prayer? Nothing fails like prayer in a children's hospital. Who advocates faith, when it is worthless if you can't move mountains using faith & verbal commands to landscape? What kind of person speaks of god as if we did not have a saying: God helps those helping themselves, because gods have a perfect record of doing nothing, outside of fiction. No wonder Freud wrote the antidote to Christianity is literacy.

WLE 200 hello

Use this as the vnit students attendance button

Depop fetishist

Be cautious on infinity and continuity. Those are accurate mental facts, but approximations to reality.

Believing in and eating agricultural food = a dynamic screaming death without morphine. Morphine and such are what the doctors are for in this particular investor driven whole system design.

This was known in 1977, how's it remotely possible that we are in do-do way over our heads in 2023. Is it the love of greed, in essence the love of money that will see us self annihilate?

Out of system dynamics came scenario planning. Shell oil used this tool in the 1980's to find oil.'They became really good at it. Scenario planning has now worked its way into many industries....I use this tool in harmony with critical reasoning every day...

i love this!! thank you for uploading

These are the kind of lectures that we need to start with to understand a complicated subject like system dynamics. Shows a person with passion and deep love for what she does. it really seems to come natural to her. one of the best useful hours i have spent!!