Category Archives: Antifragile

Why we will be using email for at least another 50 years — GigaOM Pro

So, applying Taleb’s reasoning and Benoit Mandelbrot’s version of the Lindy effect, our modern social technologies — most of which haven’t been with us more than five years — can be guaranteed to be with us only an addition five years or so. And those pre- or proto-social technologies — like instant messaging and email — may be with us 50 years or more, even if the social tools don’t fall into disuse.

So, if you are scratching your head five or ten years from now, and wondering why people are still using email to do things that might be better done with newer and shinier tools, just remember this is not about rationality, it’s about something more like gravity, more like deep culture:

If there’s something in the culture – say, a practice or a religion that you don’t understand – yet has been done for a long time – don’t call it “irrational.” And: Don’t expect the practice to discontinue.

via Why we will be using email for at least another 50 years — GigaOM Pro.

Social Sciences Reviews | January 2013

VERDICT Taleb’s tome is by turns entertaining, thought-provoking, silly, brilliant, and irreverent, yet his logic remains cogent and his message clear throughout. His wit and substance have already found him a worldwide audience; this book is likely to create him an even more robust fan bas e. —Carol Elsen, Univ. of Wisconsin, Whitewater, Libs.

via Social Sciences Reviews | January 2013.
HatTip Dave Lull

Catastrofi da perfezionisti – Il Sole 24 ORE

«Tipicamente le autorità favoriscono una particolare classe di imprese abbastanza grandi da chiedere aiuto. Così facendo si trasferisce la fragilità dal collettivo all’inadatto». Al contrario, per Taleb il comandamento dell’antifragilità è: «non avrai antifragilità a danno della fragilità d’altri».Antifragile è un libro ricchissimo, dove l’autore, filosofo orgogliosamente autodidatta, regola i conti con buona parte del pensiero moderno. Per Taleb «noi non mettiamo in pratica le teorie, ma creiamo teorie dalla pratica»: non c’è bisogno di una laurea in fisica per imparare ad andare in bicicletta. La realtà è fatta di rules of thumbs, di euristiche, setacciate nel succedersi di tentativi ed errori. Per questo Taleb apprezza la robustezza della vecchia common law, diritto “prodotto” dai giudici, citando l’italiano Bruno Leoni, piuttosto che la legislazione pervasiva e “fragilista”. Per questo rivaluta la Svizzera federale come alternativa allo Stato centralizzato, e preferisce l’ordine arruffato ma spontaneo del suk all’algida e vitrea perfezione dei mercati regolati.

English Translation
via
Catastrofi da perfezionisti – Il Sole 24 ORE.

Chinese minds move away from conservatism toward antifragility – The China Post

What he calls the central Triad of exposures — Fragile, Robustness and Antifragile — has the analogy in the Chinese trinity of Female (Ying), Golden Mean (中庸) and Male (Yang).

The Confucian concept of Golden Mean seeks to avoid extremes and take the safe middle path.

But Taleb’s insight shows us why the Golden Mean gets people into trouble, because by playing safe, the mainstream ignores the uncertainty of Black Swan events that could eventually damage the system as a whole.

Prudence and conservatism through adopting the Golden Mean prevents the practitioner from adopting “antifragile or good high risk-high payoff” strategies that would compensate for the uncertain unknown bad Black Swan events. A Buddhist would immediately recognize the need to build up good deeds to compensate for the bad deeds that may befall oneself.

By not taking risks, Chinese dynasties that adopted Golden Mean strategies became closed societies that eventually imploded when disaster struck. On the other hand, in the run up to the Industrial Revolution, Western societies took large risks with high payoffs, in science, technology and even colonialism.

via Chinese minds move away from conservatism toward antifragility – The China Post.