From The Futurist:
The Search for Extra-Terrestrial Intelligence (SETI) seeks to answer one of the most basic questions of human identity - whether we are alone in the universe, or merely one civilization among many. It is perhaps the biggest question that any human can ponder.
The Drake Equation, created by astronomer Frank Drake in 1960, calculates the number of advanced extra-terrestrial civilizations in the Milky Way galaxy in existence at this time. Watch this 8-minute clip of Carl Sagan in 1980 walking the audience through the parameters of the Drake Equation. The Drake equation manages to educate people on the deductive steps needed to understand the basic probability of finding another civilization in the galaxy, but as the final result varies so greatly based on even slight adjustments to the parameters, it is hard to make a strong argument for or against the existence of extra-terrestrial intelligence via the Drake equation. The most speculative parameter is the last one, fL, which is an estimation of the total lifespan of an advanced civilization. Again, this video clip is from 1980, and thus only 42 years after the advent of radio astronomy in 1938.
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