The ergodic hypothesis is a fundamental principle in statistical mechanics that suggests that over a long period of time, the time spent by a system in various states will be proportional to the number of accessible states. This means that the time averages of a system's properties will converge to ensemble averages, providing a bridge between microscopic and macroscopic behaviors in thermodynamic systems. It allows for the simplification of complex systems, asserting that individual particle behavior can be used to predict bulk properties.