Reader ‘Keyrock North’ sent in a tune he wrote, ‘Black Swan’. (Available on Spotify)
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Reader ‘Keyrock North’ sent in a tune he wrote, ‘Black Swan’. (Available on Spotify)
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Nassim Nicholas Taleb on Rationality, Risk, and Skin in the Game
EconTalk Episode with Nassim Nicholas Taleb
Hosted by Russ Roberts
Nassim Nicholas Taleb, author of Skin in the Game, talks with EconTalk host Russ Roberts about the ideas in the book. This is the third episode of EconTalk with Taleb related to the general topic of skin in the game and how it affects decision-making and policy in an uncertain world. This episode focuses on rationality, religion, and the challenge of thinking about probability and risk correctly in a dynamic world.
Ralph Nader Radio Hour – Skin in the Game
Look for audio links to webinar recordings in post.
In his book “Antifragile: Things That Gain from Disorder”, Nassim Nicholas Taleb‘s (@nntaleb) introduced the concept of antifragility.
Appreciating this concept involves initially recognizing it and then translating it into practice!
First, Taleb distinguishes between the fragile, robust, and antifragile: “the fragile wants tranquility, the antifragile grows from disorder, and the robust doesn’t care too much.”
Next, Taleb advances that “by grasping the mechanisms of antifragility we can build a systematic and broad guide to non-predictive decision making under uncertainty in business, politics, medicine, and life in general.”
As the world continues to become increasingly interconnected and interdependent, Black Swans — large-scale unpredictable and irregular events of massive consequence — are necessarily becoming more prominent!
As a result of the proliferation of volatility, uncertainty, complexity, and ambiguity, non-predictive decision making is quintessential — and individuals, teams & groups, and organizations & enterprises are embracing the quest for greater antifragility to realize greater employee creativity & engagement and market innovation & disruption!
I think I missed posting this previously.
And if you’re an audio person, here’s a somewhat optimized mp3.
http://blackswanreport.com/media/Nassim-Nicholas-Taleb-How-to-Live-in-a-World-we-Dont-Understand.mp3
Audio only: http://blackswanreport.com/media/Nassim-Nicholas-Taleb-interview-Tomorrow-2015.mp3
Nassim Nicholas Taleb interviewed by Bruce Oreck at the Tomorrow conference in June 2015. www.tomorrow.fi