But when you look over the history of science, you see many more examples of fortunate discoveries than you see of planned ones. Here’s Taleb:
The luck versus knowledge story is as follows. Ironically, we have vastly more evidence for results linked to luck than to those coming from the teleological, outside physics —even after discounting for the sensationalism. In some opaque and nonlinear fields, like medicine or engineering, the teleological exceptions are in the minority, such as a small number of designer drugs. This makes us live in the contradiction that we largely got here to where we are thanks to undirected chance, but we build research programs going forward based on direction and narratives. And, what is worse, we are fully conscious of the inconsistency.
“Opaque and nonlinear” just about sums up a lot of drug discovery and development, let me tell you. But Taleb goes on to say that “trial and error” is a misleading phrase, because it tends to make the two sound equivalent. What’s needed is an asymmetry: the errors need to be as painless as possible, compared to the payoffs of the successes. The mathematical equivalent of this property is called convexity; a nonlinear convex function is one with larger gains than losses. If they’re equal, the function is linear. In research, this is what allows us to “harvest randomness”, as the article puts it.
Category Archives: Contributors
EvilReads: Humorous Publishing News and Gossip – Andrew Shaffer’s Blog – Nassim Taleb and the Truthfulness of the Amateur
Definitely not a ‘meltdown’ . Twitter absolutely the perfect place for NNT to call BS.
I received an advance copy of the book (Antifragile: Things That Gain From Disorder) as part of the Amazon Vine program and, sadly, did not care for it much. I left a review on Amazon and on my blog on Tuesday, October 30 that was, shall we say, less than glowing. While I don’t generally leave negative reviews—as a fellow author, it’s dicey territory for many reasons—Taleb specifically points out in Antifragile that negative reviews help, rather than hurt, sales.
Flashforward to Wednesday morning, when Taleb hurled a host of insults at me over Twitter, calling me “sadistic” for daring to insult his book. “The “PUBLIC shd know ON THE RECORD about your addmitted INCOMPETENCE and MEANNESS as you may hurt other weaker writers,” he wrote. I’m not going to rehash all the names he called me during his tirade (some called it a “meltdown”), but you can read his Twitter feed if you’re in the mood for some schadenfraude. I basically just laughed it all off.
A 3 sentence rebuttal of a >2000 words piece by Pinker.
A 3 sentence rebuttal of a >2000 words piece by Pinker.
http://www.fooledbyrandomness.com/pinkerrebuttal.pdf
And the 3 sentences:
Pinker’s Rebuttal of My Note
Nassim Nicholas Taleb
Pinker has written a rebuttal (ad hominem blather, if he had a point he would have written something 13 of my comment, not 3 x the words). He
still does not understand the difference between probability and expectation (drop in observed volatility/fluctualtion ¹≠ drop in risk) or the incompatibility of his claims with his acceptance of fat tails (he does not understand asymmetries from his posts on FB and private correspon- dence). Yet it was Pinker who said “what is the actual risk for any individual? It is approaching zero”.
Fooled by Belligerence: Comments on Nassim Taleb’s “The Long Peace is a Statistical Illusion”
I’m only somewhat familiar with Steven Pinker’s work, specifically his book, ‘The Better Angels of Our Nature: Why Violence Has Declined’, through various talks. A good place to start is his ‘Decline of Violence’ talk at LongNow.org from October 8, 2012 which you can find here.
Earlier this month, Nov. 2, 2012, NNT published a critique of the book’s underlying point…
Friends, for discussion. I am collaborating with Scott Atran on a piece debunking the LONG PEACE argument. Here are my points.
www.fooledbyrandomness.com/longpeace.pdf“Now to my horror I saw an identical theory of great moderation produced by Steven Pinker with the same naive statistically derived discussions (>700 pages of them!).”
Today Dave Lull pointed out to me that Steven Pinker has responded to NNT’s critique. Here’s a link and an excerpt.
Taleb shows no signs of having read Better Angels with the slightest attention to its content. Instead he has merged it in his mind with claims by various fools and knaves whom he believes he has bettered in the past. The confusion begins with his remarkable claim that the thesis in Better Angels is “identical” to Ben Bernanke’s theory of a moderation in the stock market. Identical! This alone should warn readers that for all of Taleb’s prescience about the financial crisis, accurate attribution and careful analysis of other people’s ideas are not his strong suits.
Full pdf: stevenpinker.com/pinker/files/comments_on_taleb_by_s_pinker.pdf
[Update: Later that day]
Internet clever guy Paul Kedrosky @pkedrosky had already broken the Steven Pinker pdf reply on Twitter.
NNT responded to Paul with a link to http://www.fooledbyrandomness.com/probability.pdf
Nothing from @sapinker yet. Follow along on Twitter.
Book Review: LE RIVAGE DES SYRTES (The opposing shore)
Book Review: LE RIVAGE DES SYRTES (The opposing shore)
Until I read this book, Buzzati’s “Il deserto dei tartari” was my favorite novel, perhaps my only novel, the only one I cared to keep re-reading through life. This is, remarkably a very similar story about the antichamber of anticipation (rather than “the antichamber of hope” as I called Buzzati’s book), but written in a much finer language, by a real writer (Buzzati was a journalist, which made his prose more functional) ; the style is lapidary with remarkable precision; it has texture, wealth of details, and creates a mesmerizing athmosphere. Once you enter it, you are stuck there. I kept telling myself while reading it: “this is the book”. It suddenly replaced the “deserto”.
A few caveats/comments. First, I read it in the original French, but I doubt that the translator can mess up such a fine style and the imagery. Second, the blurb on Amazon says Gracq received the Goncourt prize for it. Julien Gracq REFUSED the Goncourt, he despised the Parisian literary circles and by 1951 decided to stay in the margin. He stuck to his publisher José Corti rather than switch to the fancy Gallimard after his success (as Proust did) (or other publishing houses for the fakes and the selfpromoters). Third, this book came out a few years after Buzzati’s “deserto”, but before Buzzati was translated into French. I wonder if Gracq had heard of the “deserto”; the coincidence is too strong to be ignored.
The Opposing Shore
www.amazon.comThe narrator of this story, Aldo, a world-weary young aristocrat, is posted to the coast of Syrtes, where the Admiralty keeps the seas constantly patrolled to defend the demarcation between two powers still officially at war. This book won the Prix Goncourt.