I would like to understand the problem of the convergence/divergence of the series appearing in QED: my question is inspired by a great article of John Baez, which can be found online.
On the page 23 of this article we read:
,,However, if we continue adding up terms in this power series, there is no guarantee that the answer converges. Indeed, in 1952 Freeman Dyson gave a heuristic argument that makes physicists expect that the series diverges, along with most other power series in QED. The argument goes as follows. If these power series converged for small positive $\alpha$, they would have a nonzero radius of convergence, so they would also converge for small negative $\alpha$. ''
I don't understand this argument: $\alpha$ is certainly small but the radius of convergence may be still smaller and we don't run into the problem of convergence of the series for negative $\alpha$.
What is the reason to believe that the radius of convergence would be greater that the value of $\alpha$?
Also I would like to ask:
If it is widely believed that the series actually diverges what is the general belief about the nature of this divergence: do the corrections tends to $0$ but too slowly to ensure convergence, or do they blow up or maybe do some other crazy things (like oscillating)? If it the case for which term it is believed to start happening?