This is one of the many reasons that journalism may be the greatest plague we face today as the world becomes more and more complicated and our minds… - Nassim Nicholas Taleb
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This is one of the many reasons that journalism may be the greatest plague we face today as the world becomes more and more complicated and our minds are trained for more and more simplification.
Nassim Nicholas Taleb (born 1 January 1960 in Amioun, Lebanon) is an essayist, epistemologist, researcher, and former practitioner of mathematical finance.
Biography information from
Wikiquote·
Portrait adapted from
Wikimedia Commons, Sarah Josephine Taleb (CC BY)
Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that.
. . . the world in which we live has an increasing number of feedback loops, causing events to be the cause of more events (say, people buy a book because other people bought it), thus generating snowballs and arbitrary and unpredictable planet-wide winner-take-all effects.
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