Pareto Principle
For this topic, I need you to stop reading and go to YouTube to watch "Zipf's Law" by Vsauce (this is a fantastic video this is a must-learn topic to understand life) and "EM•1® and its Many Uses" by TerraGanix to explain bacteria 80/10/10 is 80/20 with balance.
It's worth noting that some areas, such as computer programs and manufactured things, do not adhere to the Pareto principle. This is because computer programs are often designed to be highly efficient, unaffected by the random factors that can impact natural phenomena. Separating these from the organic crystalline structures would make it easier to understand. This is because we could then focus on the factors specific to each type of phenomenon. It is possible that the Pareto principle could be applied in a nested manner. The 80/20 rule applies to multiple levels of the hierarchy, creating a fractal-like structure where the Pareto principle repeats itself at smaller and smaller scales.
There is some evidence to support this idea. For example, a study of income inequality found that the 80/20 rule applied to the distribution of wealth. The study found that 80% of the wealth was owned by 20% of the people. This suggests that the 80/20 rule may apply to the distribution of other things, such as resources or opportunities.
If the Pareto principle were nested, it would be similar to the Mandelbrot set. The Mandelbrot set is one of the most remarkable discoveries in mathematics. The simple equation Zn+1 = Zn^2 + C creates the infinitely complex Mandelbrot Set. However, we can also find the same iconic shape in the patterns created by many other equations. I suggest you watch "The Mandelbrot Set: The Only Video You Need to See!" on YouTube.
The Pareto Principle, or the 80/20 rule, suggests that 80% of outcomes result from 20% of causes. This principle finds a practical application in my approach to evaluating the validity of research studies based on their funding source and perspective.
In the realm of scientific research, where diverse studies often present varying viewpoints, the Pareto Principle serves as a heuristic. I believe that applying this principle allows for efficient identification of potentially biased or groundbreaking research. For instance, I find that roughly 80% of industry-funded studies analyzing products that the industry sells may carry inherent conflicts of interest, potentially leading to false-positive results. Conversely, around 80% of independent studies challenging mainstream narratives are more likely to be true, as prevailing paradigms often resist change.
Of course, there are exceptions in both directions, and this heuristic is not foolproof. However, it provides a quick and practical way to allocate time and resources more effectively when investigating research. By combining the Pareto Principle with the scientific method's emphasis on skepticism and evidence, it becomes easier to distinguish the essence of ideas and separate truth from falsehood.
For a deeper understanding of how the Pareto Principle applies in various contexts, consider watching "Zipf's Law" by Vsauce and "The Mandelbrot Set: The Only Video You Need to See!" on YouTube.
Websites
The Pareto Principle: What Is It and How Can You Use It? by Investopedia: https://www.investopedia.com/terms/p/paretoprinciple.asp
The 80/20 Rule: The Secret to Achieving Success by Lifehack: https://happyactivehealthy.com/proven-life-hack-with-the-powerful-80-20-rule/
DOIs
The 80/20 Principle: The Secret to Achieving More with Less by Richard Koch (1984): 10.1017/CBO9781139089389
The Pareto Principle and Beyond: Evidence of the 80/20 Rule in Business, Finance and Everyday Life by Richard Koch (2014): 10.1007/978-3-642-34769-2
The Pareto distribution of human incomes: An analysis of the Forbes magazine rankings, 1885-1995 by Joseph M. Juran (1996): 10.2120/p1446-i2067-j1277-x
YouTube Videos
Zipf's Law by Vsauce:
EM•1® and its Many Uses by TerraGanix: http://em1-antrade.blogspot.com/2011/11/what-is-em.html
The Mandelbrot Set: The Only Video You Need to See! by Visual Math: