A slightly stronger (and more relevant) statement is that the number of mutually nearly orthogonal vectors you can simultaneously pack into an N dimensional space is exponential in N. Here “mutually nearly orthogonal” can be formally defined as: choose some threshold epsilon>0 - the set S of unit vectors is nearly mutually orthogonal if the maximum of the pairwise dot products of between all members if S is less than epsilon. The statement of the exponential growth of the size of this set with N is (amazingly) independent of the value of epsilon (although the rate of growth does obviously depend on that value).

This is pretty unintuitive for us 3D beings.