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Didn’t all of these agencies come about after some incident happened that was disastrous? The SEC came about after/during the Great Depression. Building codes

• johnwheeler 7y ago
  Sure, but what’s your point? Decisions _should_ be based on past information. You don’t expect politicians to be clairvoyant do you? There’s no doubt that politics, especially US politics and government, are pretty screwed up, but it doesn’t automatically follow that anarchy is better. Some of it works and some of it doesn’t. That’s the point I’m trying to make.
  • DyslexicAtheist 7y ago
    I think you have a point because this fear also creates incentives for scammers to profit from it. There is a difference in how people "act" on the collective level (administrative bodies and bureaucracies, even companies) and how we respond on the individual level (employees, bread-winners, family members). There is no serious / open conversation about this inside companies right now - some places I know even discourage you and slap you with the fear-monger label, while hoping it will just blow over. Especially in Tech where we could just send people home right away and work remotely hardly anyone does this (if it hasn't already been policy). > Decisions _should_ be based on past information. Making decisions only on past information is what makes Black Swans a scary reality. Maybe good time for us all to re-read Taleb https://en.wikipedia.org/wiki/The_Black_Swan:_The_Impact_of_the_Highly_Improbable https://en.wikipedia.org/wiki/The_Black_Swan:_The_Impact_of_...