Recall the definition of border-rank of a tensor T:
border-rank(T) = the minimum r such that $\forall \epsilon > 0$ there exists an approximate tensor $T' = \sum^r_{i=1} u_i \otimes v_i \otimes w_i $, such that $ \|T - T' \| \leq \epsilon $
Intuitively, what is the smallest r, so that when I restrict myself to rank r tensors, I can get arbitrarily close.
Recall the definition of rank of a tensor T is:
rank(T) = the minimum number r, such that we can write T as a sum of r rank one tensors, i.e. minimum r such that $T = \sum^r_{i=1} u_i \otimes v_i \otimes w_i$.
For order 2 tensors (i.e. matrices) there is an intrinsic limit to how well one can approximate any order 2 tensor. And its governed by the SVD of the matrix.
However, when the order of the tensor is 3 things change. What is so special about order 2 tensors that their border rank and rank is the same? When one increases the order of the tensor, this changes completely and the border rank exists for higher order tensors. What is the intuition (or precise/rigorous explanation) for why order 3 tensors have this special behavior wrt to ranks? Or in fact, why increasing the order makes this possible.