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>Banks will absolutely hold on to anything to avoid an unknown risk as long as they think they can hedge or mitigate known risks, and utterly fail to acknowledg
by alasdair_ 5y ago
>Banks will absolutely hold on to anything to avoid an unknown risk as long as they think they can hedge or mitigate known risks, and utterly fail to acknowledge the truth of unknown unknowns
Nassim Taleb has written entire books on this fact about banks. It's interesting that the same flaws in their financial thinking apply to their IT infrastructure.
- tristor 5y agoI think technology is fundamentally a tool for organizations, and as such will always evolve to reflect the larger organization. You can see this in software design and it is also seen in the IT infrastructure architecture.