Tagged: Nassim Nicholas Taleb Toggle Comment Threads | Keyboard Shortcuts

  • Doug Belshaw 7:01 am on January 27, 2020 Permalink | Reply
    Tags: complexity, Nassim Nicholas Taleb, simplicity   

    A complex system, contrary to what people believe, does not require complicated systems and regulations and intricate policies. The simpler, the better. Complications lead to multiplicative chains of unanticipated effects. Because of opacity, an intervention leads to unforeseen consequences, followed by apologies about the “unforeseen” aspect of the consequences, then to another intervention to correct the secondary effects, leading to an explosive series of branching “unforeseen” responses, each one worse than the preceding one.

    Nassim Nicholas Taleb, Antifragile
     
  • Doug Belshaw 6:45 am on January 27, 2020 Permalink | Reply
    Tags: , Nassim Nicholas Taleb   

    We have the illusion that the world functions thanks to programmed design, university research, and bureaucratic funding, but there is compelling—very compelling—evidence to show that this is an illusion, the illusion I call lecturing birds how to fly. Technology is the result of antifragility, exploited by risk-takers in the form of tinkering and trial and error, with nerd-driven design confined to the backstage. Engineers and tinkerers develop things while history books are written by academics; we will have to refine historical interpretations of growth, innovation, and many such things.

    Nassim Nicholas Taleb, Antifragile
     
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