as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
describe the concept behind the "butterfly effect."
user
the "butterfly effect" is a term used to describe the chaotic nature of weather systems which states that small changes in initial conditions can produce large, unpredictable results. it is based on the idea that a butterfly flapping its wings in one corner of the world can cause a thunderstorm in the other corner of the world. this phenomenon is also referred to as sensitive dependence on initial conditions, and it highlights how small changes can lead to immense differences in outcomes over time.
assistant