Suppose we're approximating a weird function $f(x)$ using taylor polynomial $p(x)$.
$(x-a)^{100}$ is so tiny when $|x-a| < 1$ so we can ignore the higher order terms.
But what happens to values that are beyond $1$ unit ? Isn't $(x-a)^{100}$ too large and wouldn't the higher order terms suddenly contribute way more than the lower order terms ? I know most of the time we stay around the pivot value. I feel my confusion is in seeing why/how the higher order terms suddenly become dominating as soon as I go a tiny bit beyond $1$ unit ?

Let's look at the Taylor Expansion of $e^x$.
We have $\displaystyle e^x=1+x+\frac{x^2}{2}+\frac{x^3}{6}+\frac{x^4}{24}...$
So no, the upper exponents don't immediately dominate.
The coefficient of $x^{100}$ would be like $\displaystyle \frac{1}{100!}$ which is a little bit gigantic.
But $e^x$ is supposed to grow big. I'll show you $e^{-x}$ which stays pretty small for positive $x$.
We have $\displaystyle e^{-x}=1-x+\frac{x^2}{2}-\frac{x^3}{6}+\frac{x^4}{24}$.
The positives and negatives almost cancel each other out, despite being very large terms themselves. You are left with a small nonzero number. If $x$ is negative, then the minus terms become positive, so nothing cancels out and you are left with a large number, $e^{|x|}$.