4 ms·
This is the sort of critique in pass that demonstrates that you have not spent 10 minutes researching a topic that you would like to so vehemently critique. Rea
by eruditely 12y ago
This is the sort of critique in pass that demonstrates that you have not spent 10 minutes researching a topic that you would like to so vehemently critique. Read the italized parts below, which explicitly states it is Not chaos theory.
Here is a more complete quote from "Common errors in the interpretation of the black swan"
Many readers who have too much baggage (or perhaps not enough) tend, when
reading for "work" or for the purpose of establishing
their status (say, to write a review), rather than to
satisfy a genuine curiosity, to read quickly and
efficiently, scanning jargon terms and rapidly making
associations with some pre-packaged ideas. (THIS RESULTS IN THE SQUEEZING
in the squeezing of the ideas exposed in The Black
Swan into some commoditized well know framework, as
if I partook of the off-the-shelf-re-warmed-ideas-with-
some-new-wrinkle traditions that give a bad name to
academia, or as if my positions could be squeezed into:
standard
skepticism,
empiricism,
essentialism,
pragmatism, Popperian falsificationism, Knightian
uncertainty, behavioral economics, CHAOS THEORY, etc.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1490769 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1490769
So by his own words, it is not.
Autoadaptive does not work as well because Antifragility, which was prior to the name-change was called tinkerng. It is more "Convex option like decision making"
- coldtea 12y ago>So by his own words, it is not. "By his own words" is probably the worst way to define what a man or a work is. Of course he would say his work is original and not derived. Just like any snake-oil saleman will speak of his amazing medicine...
- eruditely 12y agoIt's also not chaos because because it's not(!). Mandelbrot had a lot to do with that era/chaos theory and was associated with it, him at Taleb were good friends. Do you think it's as simple as that? Why doesn't some one post something legitimate as opposed to trying to catch some offhand remark that I didn't fix as opposed to trying to desperately nitpick.