"As above so below, as within so without"
Novelty theory attempts to calculate the ebb and flow of novelty in the universe as an inherent quality of time. It is an idea conceived of and discussed at length by Terence McKenna from the early 1970s until his death in the year 2000. Novelty theory involves ontology, morphogenesis, and eschatology. Novelty, in this context, can be thought of as newness, density of complexification, and dynamic change as opposed to static habituation. According to McKenna, when "novelty" is graphed over time, a fractal waveform known as timewave zero or simply the timewave results. The graph shows at what times, but never at what locations, novelty is increasing or decreasing. According to the timewave graph, great periods of novelty occurred about 4 billion years ago when Earth was formed, 65 million years ago when dinosaurs were extinct and mammals expanded, about 10,000 years ago after the end of the ice age, around late 18th century when social and scientific revolutions progressed, during the sixties, around the time of 911, and with coming novelty periods in November 2008, October 2010, with the novelty progressing towards the infinity on 21st December 2012.
McKenna repeatedly describes human cultural development as a succession of historical periods which are "compressed" versions of each other. In this manner, he describes an overall acceleration of human cultural development, which he likens to a "tightening spiral" approaching what he describes as the "transcendental object at the end of the universe". Source - Wikipedia