Why hasn't this been taken further? Why don't we make a quantity such that I^3 is -1, such that I is a third of a negative?
It is taken further. In fact inside the complex numbers every equation of the form $x^n=-1$ has a solution. Or more generally every polynomial has a root. So you don't have to invent new numbers, complex numbers will work just fine for that.
This can also be thought of as adding a new dimension.
No, not really. At least not in precise meaning of the word dimension. But we can and do actually add dimensions in different way, e.g. quaternions or more generally Cayley-Dickson algebra.
In the end, nothing in math really exists.
Well, it is a philosophical statement: what do you mean by "exists"? But I kind of agree with you.
The concept of negatives were made up to make math work;
Yes. Entire math is made up. So what?
Why can't I just say that dividing by zero now produces some actual new concept?
You can. Nothing stops you from doing this. However math is an art of logic. And so if I want to have a structure that satisfies some axioms, say a ring, then a logical consequence is that zero is not invertible. But there's nothing preventing us from considering different axioms in which indeed dividing by zero is possible.
How can we just keep creating new numbers whenever we need?
Yes, imagination is the limit. Isn't this the most beautiful thing about maths?
Why can't we just keep making up new math concepts?
We can, and we do that all the time. There's nothing wrong with that.
However the most important mathematical concepts are those that have applications. For example differential calculus is way more important than for example homological algebra. And so not all concepts are equal in this sense. Those that serve to solve real world problems will be valued highly. Other not necessarily. And that's why you will often hear "you cannot divide by zero". It is not a universal truth, it is just that those useful concepts don't allow it logically.
Logic is a limit though. Trying to work beyond it may lead to chaos, where everything is true and false at the same time. Beyond logic are unknown waters, forbidden territory. :) Again, maybe someone does consider it, but it is likely to be of little use.
Is there a mathematical or physical, real world use for numbers passed I?
Yes, complex numbers have huge applications, especially in quantum mechanics.
Who determines what can be conceptualized or not?
Absolutely no one. You can think of any concept you want. But life is life, some will be accepted, some rejected. And some will be accepted only after you die.
Plus, you might be looking for Quaternion?
– CaldariNavyFleet Jan 04 '24 at 06:25