Search Results for: taleb

Nassim Taleb: The Big Errors of Big Data

February 13, 2013

“I am not saying here that there is no information in big data. There is plenty of information. The problem — the central issue — is that the needle comes in an increasingly larger haystack.” *** Nassim Taleb offers another way to look at big data. We’re more fooled by noise than ever before, and […]

Nassim Taleb and the Seven Rules of Anti-Fragility

December 13, 2012

Nassim Taleb writing in an piece. Something central, very central, is missing in historical accounts of scientific and technological discovery. The discourse and controversies focus on the role of luck as opposed to teleological programs (from telos, “aim”), that is, ones that rely on pre-set direction from formal science. He continues: The luck versus […]

Nassim Taleb: We Should Read Seneca, Not Jonah Lehrer

August 07, 2012

For those who didn’t follow him, Jonah Lehrer has a gift for turning science into a great story. His beautiful writing made it hard to resist the narrative fallacy. The recent news about him fabricating quotes and generally offering a tenuous commitment to the truth caught me by surprise. But one question that we should […]

Nassim Taleb: The Winner-Take-All Effect In Longevity

June 30, 2012

Nassim Taleb elaborates on the Copernican Principle, a concept first introduced on Farnam Street in How To Predict Everything. For the perishable, every additional day in its life translates into a shorter additional life expectancy. For the nonperishable, every additional day implies a longer life expectancy. So the longer a technology lives, the longer it […]

Book Recommendations from Nassim Taleb

February 15, 2012

(Jan 2017) Perilous Interventions: The Security Council and the Politics of Chaos Solid Book on Interventionism, Should be Mandatory Reading in Foreign Affairs. This is an outstanding book on the side effects of interventionism, written in extremely elegant prose and with maximal clarity. It documents how people find arguments couched in moralistic terms to intervene in […]

Taleb: The Fooled by Randomness Effect and the Internet Diet?

March 28, 2010

In this brief article Nassim Taleb (of Black Swan fame) touches on information, complexity, the randomness effect, over-confidence, and signal and noise. THE DEGRADATION OF PREDICTABILITY — AND KNOWLEDGE I used to think that the problem of information is that it turns homo sapiens into fools — we gain disproportionately in confidence, particularly in domains […]