Meaning “we do not know and will not know”, stood for a position on the limits of scientific knowledge in the
Or is this a Black Swan?
An event that:
›Is not predicted;
›Causes unusual and often extreme disturbance [in organisations];
Nassim Nicholas Taleb says they are:
The disproportionate role of high-impact, hard-to-predict, and rare events that are beyond the realm of normal expectations;
The non-computability of the probability of the consequential rare events using scientific methods;
The psychological biases that make people individually and collectively blind to uncertainty and unaware of the massive role of the rare event in historical affairs.
- The Back Swan – October 23rd (policyforward.wordpress.com)
- NASSIM TALEB: Former Treasury Secretary Bob Rubin Represents Everything That’s Bad In America (businessinsider.com)