Tag Archives: Nassim Nicholas Taleb

Black swans, butterfly effects, terrorist detectors and marketing research: we don’t know nearly as much as we think we do

Prediction is a big, big business these days, and even those of us who aren’t explicitly in the prediction business probably do all we can to make sense of the future. For example: Does your company do marketing research? (If it’s a business of any size and sophistication, the answer is probably yes.) Do you track the financial pages? Do

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Let the economy die?! Rushkoff’s goals are noble but his plan needs work

A couple of weeks ago author and NYU media theory lecturer Douglas Rushkoff penned a provocative essay for Arthur Magazine. Entitled “Let It Die,” the essay explains why we should stop trying to save the economy. In a perfect world, the stock market would decline another 70 or 80 percent along with the shuttering of about that fraction of our

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