> Taleb has argued that our increasingly unstable world is the paradoxical result of humankind’s efforts to control it with technology, quantitative models, and

> Taleb has argued that our increasingly unstable world is the paradoxical result of humankind’s efforts to control it with technology, quantitative models, and ubiquitous just-in-time optimization, resulting in an ever-more-complex, human-built, fragile society susceptible to shocks. Extreme events “are necessarily increasing as a result of complexity, interdependence between parts, globalization and the beastly thing called ‘efficiency’ that makes people now sail too close to the wind,” he wrote in his 2012 book “Antifragile.” When the market can respond to events faster, efficiency increases. But, as anyone who's done any synthesizer can tell you, if you have faster feedback loops, you also increase the potential amount of resonance in the system. The market is a highly interrelated graph of feedback loops. As those get faster and with less damping, we should expect wilder and wilder oscillations.