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But taxi drivers are interesting example because we’re approaching the point at which self- driving cars may become common, which would be a major professional
by skylan_q 13y ago
But taxi drivers are interesting example because we’re approaching the point at which self- driving cars may become common, which would be a major professional Black Swan for taxi drivers.
He was using the Taxi driver as an allegorical device. His point was that the taxi driver saw very little job security because of variability of income, and that others saw him having job security as there would always be a demand for it. This had nothing to do with the fact that we're talking about taxi drivers here. Focusing the taxi industry is missing the point he's making.
He says that they would be robust to minor black swans and not major ones. Then you point out that they would be susceptible to major ones which he was not in disagreement with.