Businessmen angry for losing money tend to get angrier when you tell them that “it’s only money”.
via Businessmen angry for losing money tend to get… – Nassim Nicholas Taleb.
Logical clarity is like a musical ear: no money can buy it, no amount of education can increase it and no sophistication can compensate for its absence.
via Logical clarity is like a musical ear: no money… – Nassim Nicholas Taleb.
What the world needs now is a Twitter fight among Nassim Taleb (the pretentious author of The Black Swan), Prof Jeff Jarvis (the parody of new media evangelists staged by Rurik Bradbury), and the real Jeff Jarvis (the Web guru who proves how far you can get with lots of jargon and few results).
What if academics followed the new model of @nfergus and @nntaleb and got paid based on #controversy and #engagement?
— Prof. Jeff H Jarvis (@ProfJeffJarvis) August 12, 2014
@ProfJeffJarvis @nntaleb Re. Taleb – either you fail to appreciate the high-stakes epistemic issues or you don’t care. Polemics justified.
— Lynn Layman (@lynnlayman) August 12, 2014
@lynnlayman @ProfJeffJarvis Thanks Lynn, “prof” Jarvis commits 3 fallacies, implies shouting truth => seeking controversy, not byproduct.
— Nassim N. Taleb ن (@nntaleb) August 12, 2014
via Watch Nassim Taleb debate Twitter’s greatest tech jargon parody account..
I now have a new job (well, sort of). Starting the new academic year with a function, co-director and co-founder of the EXTREME RISK INITIATIVE, which should develop into an Extreme Risk Institute within NYU School of Engineering.
The initiative will include a collection of collaborators. Co-director Charles Tapiero.
OFFICIAL DESCRIPTION
In spite of the importance of extreme/hidden risks, there has not been a rigorous methodology to deal with them; statistical or mathematical approaches have not been formally reconciled with real-world decision-making the way engineering has traditionally integrated mathematics and real world heuristics. Extreme risks require both more mathematical and more practical rigor..
The “Extreme Risks Initiative”, ERI, is an NYU-School of Engineering interdisciplinary open research agenda, based on research axes defined by its members and a global research collaborations. Its approaches are at the intersection of the technical and the practical, based on a rigorous merger of theory and practice across interdisciplinary lines. These may include financial and economic engineering, urban risk engineering, transportation-networks, bio-systems, as well as global and environmental problems. A selected series of research axes as well as publications drawing on members’ Initiatives are included in the ERI a working paper series as well as current research enterprises.
via I now have a new job (well, sort of). Starting… – Nassim Nicholas Taleb.
Finally, our Precautionary Principle-GMO paper is done. It establishes the difference between precaution and risk aversion.
Comments welcome, but only for those who have read the paper and do not rehash fallacies addressed in it.
via Finally, our Precautionary Principle-GMO paper… – Nassim Nicholas Taleb.