Tuesday, February 7, 2017

"A Global Riot Against Psuedo-Experts"


This is an interview with Nassim Taleb conducted by Suhasini Haidar of TheHindu.com.

The views and insights resonate with (and probably explains accurately) all the recent supposedly 'seismic' and 'unexpected' world events like Brexit and Trump. Taleb really expresses the issues and insights succinctly. Is a fun read. Best lines:

  • ... a mathematician thinks in numbers, a lawyer in laws, and an idiot thinks in words.
  • The real problem is the ‘faux-expert problem’, one who doesn’t know what he doesn’t know, and assumes he knows what people think




After predicting the 2008 economic crisis, the Brexit vote, the U.S. presidential election and other events correctly, Nassim Nicholas Taleb, author of the Incerto series on global uncertainties, which includes The Black Swan: The Impact of the Highly Improbable, is seen as something of a maverick and an oracle. Equally, the economist-mathematician has been criticised for advocating a “dumbing down” of the economic system, and his reasoning for U.S. President Donald Trump and global populist movements. In an interview in Jaipur, Taleb explains why he thinks the world is seeing a “global riot against pseudo-experts”.


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