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Author | Nassim Nicholas Taleb |
Publisher | Random House |
Publication date | May 4, 2010 |
Print length | 592 pages |
Customer Reviews | ★★★★★ / 3,414 ratings |
Great on Kindle | ✅ |
The most influential book of the past seventy-five years: a groundbreaking exploration of everything we know about what we don't know, now with a new section called "On Robustness and Fragility."
A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives.
Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to Taleb, is that humans are hardwired to learn specifics when they should be focused on generalities. We concentrate on things we already know and time and time again fail to take into consideration what we don't know. We are, therefore, unable to truly estimate opportunities, too vulnerable to the impulse to simplify, narrate, and categorize, and not open enough to rewarding those who can imagine the "impossible."
For years, Taleb has studied how we fool ourselves into thinking we know more than we actually do. We restrict our thinking to the irrelevant and inconsequential, while large events continue to surprise us and shape our world. In this revelatory book, Taleb will change the way you look at the world, and this second edition features a new philosophical and empirical essay, "On Robustness and Fragility," which offers tools to navigate and exploit a Black Swan world.
Taleb is a vastly entertaining writer, with wit, irreverence, and unusual stories to tell. He has a polymathic command of subjects ranging from cognitive science to business to probability theory. Elegant, startling, and universal in its applications,
The Black Swan is a landmark book—itself a black swan.
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His whole thing seems to be "antifragility", gaining from disorder rather than controlling it. It's more sane and refined than the old "Take the warning labels of and let Darwin do his work" or "We have it too easy, get rid of all this modern tech making us weak", but it still echoes some of the same issues.
While he does point out very real issues in the medical field, and many other things mainstream culture doesn't address, he doesn't really seem to appreciate what the slow, careful, locked down academic method has gotten us. Lone geniuses experimenting got us things like steam engines and light bulbs, truly modern tech is only possible because tens of thousands of people can work on things too big for any one man to understand in a whole lifetime.
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His whole thing seems to be "antifragility", gaining from disorder rather than controlling it. It's more sane and refined than the old "Take the warning labels of and let Darwin do his work" or "We have it too easy, get rid of all this modern tech making us weak", but it still echoes some of the same issues.
While he does point out very real issues in the medical field, and many other things mainstream culture doesn't address, he doesn't really seem to appreciate what the slow, careful, locked down academic method has gotten us. Lone geniuses experimenting got us things like steam engines and light bulbs, truly modern tech is only possible because tens of thousands of people can work on things too big for any one man to understand in a whole lifetime.
For the common bloke, it's like listening to that quirky uncle than blabs on forever about everything random in life - cute for a few minutes until better things in life take over one's attention.
Anyways, I'd just overdrive/libby app it free from a library given how dated it is in parts. (AI/ML has far advanced the ability to model and predict in many fields today vs the old days he grew up in without.)