| > Black Swan Fat tailed probability distributions are fat tailed...! Assuming normal distribution underestimates risky events. https://en.wikipedia.org/wiki/Fat-tailed_distribution > and Antifragile Simple complex systems are too complex to be simple enough ...! Okay, so this is a bit more technical, but the important thing is that unintelligent systems (= they are simple) that are complex (= have complex dynamics) are bad at adapting to different circumstances. Also, these systems are products of design trade offs. (We want things to be cheap and get done fast, and also politically okay, and so on.) And thus they are not robust enough, nor resilient enough. They are fragile. (Taleb laments a lot about how antifragiltiy is different from robustness and resilience. And sure, they are because he uses a model in which they are.) And the book talks about what is needed for anti-fragility, and it turns out that some kind of feedback loop that optimizes for certain problems. Or of course intelligence. |