Stephen Wolfram plays the role of Salonnière in this new, ongoing series of intellectual explorations with special guests.
Global Technical Incerto Reading Club is going through the Statistical Consequences of Fat Tails by Nassim Nicholas Taleb
Everyone is welcome to sign up at meetup.com/global-technical-incerto-reading-club
Explanations for the last video [Difference Between Clinical and Evidence-Based Knowledge]: Why the statistical properties of a group will NOT particularize to any individual member of the group.
1) The law of large numbers (properties of aggregates) works in one direction. Why you can generalize from particulars, never particularize from generals.
2) The difference between clinical, statistical, and risk management approached. Why they don’t scale.
3) Never compare Mediocristan to Extremistan (Covid to car accidents).