Earth's Magnetic Field: Rapidly Decreasing & Turning Blue Earth Red?

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The NOVA film "Magnetic Storm" discusses the Earth's magnetic field, noting that it is currently decreasing and may diminish significantly by the end of the millennium. This raises concerns about increased cosmic radiation potentially transforming Earth into a more Mars-like environment. However, evidence suggests that the magnetic field has been stable and strong over the past 20 million years, with variations in geomagnetic reversals occurring every 250,000 years on average. Historical data indicates that while there have been several Paleo Magnetic Excursions (PMEs), the last significant one occurred 25,000 years ago, and such events do not typically lead to mass extinctions or disasters. The consensus is that while the magnetic field may decrease, it is unlikely to result in catastrophic changes, and any increase in radioactivity levels associated with past PMEs did not correlate with extinction events.
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So my physics class just watched NOVA's "Magnetic Storm" film. We know that the magnetic field is reversing, as it does every so often. However, the scientists in this video claim that the field is rapidly decreasing, and at the current rate, will be diminished by the end of the millennium. This gives rise to theory that cosmic radiation will turn blue Earth into a red Mars soon enough.

What are everyone's thoughts on this topic?
 
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The usual gibberish. The Earth magnetic field is so strong as it has never been in the recent past (20 Million years). What goes up, must come down. The paleao-magnetic statistics show that the magnetic field is much more variable than climate for instance. The last million years we have seen some dozen -so called- Palaeo Magnetic Excursions (PME) -a temporarely collaps- and only one geomagnetic reversal. The variation in geomagnetic reversal cycles is something between 250,000 years and http://ajdubre.tripod.com/Physics/w-MagFieldSw-301/MagFieldSw-301.html so nothing we can say about that.

So what's going to happen? Most probably, nothing and the magnetic field will settle at some lower values. A PME is unlikely since the last excursion (Mono Lake) is only 25,000 years old with average intervals of some 1,00,000 years in between.

However when I'm wrong expect some higher radioactivity levels as can be seen in the ice cores at 25,000 years BP. This may have been caused by that last PME. However, there are no extinctions or disasters associated with that event.
 
M 7.6 - 73 km ENE of Misawa, Japan https://earthquake.usgs.gov/earthquakes/eventpage/us6000rtdt/executive 2025-12-08 14:15:11 (UTC) 40.960°N 142.185°E 53.1 km depth It was however fairly deep (53.1 km depth) as compared to the Great Tohoku earthquake in which the sea floor was displaced. I don't believe a tsunami would be significant. https://earthquake.usgs.gov/earthquakes/eventpage/us6000rtdt/region-info

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