Posts tagged Black Swan

Genealogy of the Black Swan Problem as developed in Incerto and Silent Risk

In thinking about system design, it’s important to avoid the temptation to develop detailed top down blueprints for systems. Taleb observes that “if about everything top-down fragilizes and blocks antifragility and growth, everything bottom-up thrives under the right amount of stress and disorder.” Nevertheless, there are certain design principles that emerge from Taleb’s work that can help reduce the fragility of the systems we design.

http://edgeperspectives.typepad.com/edge_perspectives/2013/04/getting-stronger-through-stress-making-black-swans-work-for-you.html