Libby invented carbon dating for which he received the Nobel Prize in chemistry in 1960.
The halflife of carbon 14 is 5730 ± 30 years, and the method of dating lies in trying to determine how much carbon 14 (the radioactive isotope of carbon) is present in the artifact and comparing it to levels currently present in the atmosphere.
The two solutions provided differ slightly in their approach in this regard.
What I want to do in this video is kind of introduce you to the idea of, one, how carbon-14 comes about, and how it gets into all living things. They can also be alpha particles, which is the same thing as a helium nucleus. And they're going to come in, and they're going to bump into things in our atmosphere, and they're actually going to form neutrons. And we'll show a neutron with a lowercase n, and a 1 for its mass number. And what's interesting about this is this is constantly being formed in our atmosphere, not in huge quantities, but in reasonable quantities. Because as soon as you die and you get buried under the ground, there's no way for the carbon-14 to become part of your tissue anymore because you're not eating anything with new carbon-14.
Carbon 14 is a common form of carbon which decays over time.