What is Metcalfe's Law? Counting Communication Channels

The video explains Metcalfe's Law, which states that the value of a network is proportional to the square of the number of its nodes. This is illustrated through the rapid increase in communication channels as more people join a network. The mathematical formula is derived, showing that the number of communication channels is n(n-1)/2. The video also discusses the implications of Metcalfe's Law for project management, highlighting the increasing complexity as more people are involved in a project. It suggests strategies like creating smaller teams and splitting large projects to manage complexity effectively.

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