The next Complexity seminar with Yaneer Bar-Yam May 5-6 In Boston.
NECSI Executive Education: Antifragility | NECSI
www.necsi.edu New England Complex Systems Institute 238 Main Street Suite 319, Cambridge, MA 02142 Phone: 617-547-4100 Fax: 617-661-7711
via The next Complexity seminar with Yaneer Bar-Yam… – Nassim Nicholas Taleb.
The media invade our lives, corrupt the First Amendment for the purpose of voyeurism (for profit), instead of taking risks for exposing fraud and ethical breaches.
http://www.businessinsider.com/nassim-taleb-blasts-bitcoin-newsweek-article-2014-3
Nassim Taleb Goes Ballistic Over The Newsweek Bitcoin Articlebusinessinsider.com
In the wake of California resident Dorian Nakamoto’s denial that he invented Bitcoin, some have voiced concerns about his exposure to intense media scrutiny.
via The media invade our lives, corrupt the First… – Nassim Nicholas Taleb.
In the wake of California resident Dorian Nakamoto’s denial that he invented Bitcoin, some have voiced concerns about his exposure to possibly undue media scrutiny.
Add Nassim Taleb to that list.
In a new series of Tweets, Taleb, the best-selling author of books about how he thinks markets and society work, goes after Newsweek reporter Leah McGrath Goodman, the author of the piece alleging Nakamoto invented the digital currency; and journalism in general, using his signature lexicon about probability and skin in the game.
via Nassim Taleb Blasts Bitcoin Newsweek Article – Business Insider.
Antifragile – Things That Gain from Disorder, by Nassim Nicholas Taleb ISBN 9780141038223
While I was reading this book – during the days around Christmas 2013 – a major storm ravaged northern and western Europe. At one point my wife asked “What is that book about, anyway” and the perfect illustration of my answer presented itself in all newspapers the next morning: hundreds of thousands of households in Norway, Sweden, The Netherlands, Germany, France and The United Kingdom were without electricity. How much easier could you want for an example to explain the concept of a fragile system? Some systems are so much optimalised that they work smoothly in the normal situation in Taleb’s vocabulary ‘mediocristan’, but as soon as an event of certain impact unexpectedly, or dismissed as not probable manifests itself, the vulnerable system collapses as a house of cards. The system is fragile and breaks, often with catastrophic consequences.
via HEACH: Antifragile – a review or two, sort of.
HatTip to Dave Lull
ON THE BENEFITS OF FRAGILITY
Neckties are fragile and delicate; they force people into a tame social behavior; they get damaged in fights and when one rolls in the mud.
via ON THE BENEFITS OF FRAGILITY Neckties are… – Nassim Nicholas Taleb.
