> But then how does that jive with skin in the game Simple. Nassim says there are 4 quadrants, one axis Mediocristan-Extremistan, the other Simple-Complex payo

> But then how does that jive with skin in the game Simple. Nassim says there are 4 quadrants, one axis Mediocristan-Extremistan, the other Simple-Complex payoff. Building a bridge is Mediocristan/Simple payoff, a well understood problem with no black swans. So it's easy to compute risk. Other stuff is Extremistan/Complex payoff - financial trading, pandemics, AI. And he argues that you need RISK professionals for this quadrant, because people working here (traders, virologists, AI builders) do not understand how to compute the risk correctly. https://www.researchgate.net/profile/Gaute-Bjorklund-Wangen/publication/318853336/figure/fig4/AS:931308163301378@1599052577229/Talebs-four-quadrants-for-Risk-Classification-Based-on-Taleb143.ppm https://www.researchgate.net/profile/Gaute-Bjorklund-Wangen/...