The Predictability of Unpredictability

[40skewif]

universalPotentate - "the notion of economies OF scale"

[UniversalPotentate]

At 3:17 does he say "The biggest bullshit in history is the notion that the economy's a scale." Or did I misunderstand that?

[ferea87]

HE'S BACK!

[MegaAlphaDave]

The volume is so low I cannot hear what he is saying.

[hannyselbak]

The first guy is obviously a genius, but damn! Go to speech class Nassim!

[LucBertolotti]

To understand the policy problems raised by Taleb you need to have a benchmark: a policy (like a drug) is only effective if it outperforms no policy at all. Sometimes the solution ends being worse than the original problem.

[VellianoRosso]

This is actually a decent idea, I wonder what the mathematicians have been doing all this time.

[Ratoscruvy]

@bigboywasim

Which is what I said.... You may have replied to the wrong comment ¬_¬

[Kevo216666]

How does someone beat another person make that person stronger? It doesn't. I would challenge a lot of this thinking.

[Ratoscruvy]

@Kevo216666

Why doesn't it make that person stronger? Both persons get stronger after a battle.

[bigboywasim]

@Ratoscruvy When mixed martial artists or boxers learn how to fight what to they do? They practice fighting each other. This is beating each other up. They are becoming stronger.

[DCWhatthe]

Thanks for uploading. I tried to view this on the RSA org site, when it was first uploaded, and the stream just kept halting after a short time.

[davejoe75]

Libertarianism doesn't say there are NO LAWS. They just need to be kept at the local level, which he does imply and cites when he says politicians need to live with their laws. I also like his statement about organisms needing stress to be strong!