DefinitionThe idea that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy.
Coined by the writer Nassim Nicholas Taleb in his 2012 book "Antifragile: Things That Gain from Disorder." The term refers to the idea that the life expectancy of certain non-perishable items, such as ideas, technologies, or books, increases over time. The term is named after the Lindy Theater in New York City, where actors and comedians would gather to socialize and perform. The idea was that the longer a show ran, the longer it was likely to continue to run, as it had already survived a certain amount of scrutiny and proven its value to audiences. Taleb argued that the Lindy Effect could be used to predict the longevity of non-perishable items, and that the longer they had been around, the more likely they were to continue to be relevant and useful in the future. The concept has since gained popularity in a variety of fields, including technology, finance, and cultural studies, and has been used to describe the staying power of everything from scientific theories to political ideologies.