Taking into account all of these requirements, it’s clear that the fossil record must be incomplete. How incomplete? The total number of species that ever lived on earth has been estimated to range between 17 million (probably a drastic underestimate given that at least 10 million species are alive today) and 4 billion. Since we have discovered around 250,000 different fossil species, we can estimate that we have fossil evidence of only 0.1 percent to 1 percent of all species—hardly a good sample of the history of life! Many amazing creatures must have existed that are forever lost to us.
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