Errata: 30 Trillion not Billions.
Black Swan author Nassim Nicholas Taleb said the US deficit is swelling to a point that it would take a miracle to reverse the damage.
Nassim Nicholas Taleb joined Eric Hacopian of CivilNet for a discussion on science, artificial intelligence, and ongoing societal advancements. Gain valuable insights into the workings of the social fabric in this engaging conversation with Nassim Nicholas Taleb.
Event Invitation: A Conversation with Nassim Nicholas Taleb
Hosted by: The Institute of Political Science at the Saint Joseph University of Beirut and Kulluna Irada
Event Title: From Ponzi to Antifragility, 4 Years Later
Featuring: Nassim Nicholas Taleb
Topics: Gaza, Centralization, the Lebanese Economy, and Conspirationism
Moderator: Karim Emile Bitar
Date and Time: Thursday, January 11, 2024, at 6 PM
Location: Gulbenkian Auditorium, USJ Social Sciences Campus, Huvelin Street, Achrafieh
Virtual Attendance via Zoom:
- Meeting ID: 897 7958 0201
- Passcode: 588528
Join us for an insightful evening with Nassim Nicholas Taleb, discussing critical contemporary issues in a conversation moderated by Karim Emile Bitar.
Workshop organized by the Real World Risk Institute. The workshop is an intense 10-day online program, and the 18th edition took place from July 10-21, 2023.
This video discusses the capabilities and limitations of large language models like GPT, the challenges of setting constraints on AI systems, and the potential risks and consequences of AI decision-making. The video talks about:
- The concept of a “stochastic parrot” in language processing and machine learning.
- How language processing systems like GPT use data from the web to generate responses.
- Attempts to “trick” GPT with questions requiring nuanced understanding.
- The simple operation of GPT in predicting the next word in a sequence.
- The use of language models as a new interface to computers.
- The integration of GPT with Wolfram Alpha for computations and informed responses.
- The similarity between writing good prompts for GPT and expository writing.
- The training data for GPT, includes nonsense, fiction, and factual information.
- The problem of the “self-licking lollipop” in information sources.
- The concept of “necessarily human work” requires human choice and input.
- The potential for AI to make decisions and the challenges of setting constraints.
- A thought experiment called “promptocracy” for AI decision-making.
- The actuation layer of AI and the difficulty of setting constraints.
- The phenomenon of computational irreducibility and trade-offs in AI computation.
- The potential risks of AI decision-making and the need for understanding large language models.
As a scientific advisor for Universa Investments and author of ‘The Black Swan’, Nassim Taleb recently appeared on ‘Squawk Box’ to discuss the current state of the markets and economy. During the interview, he expressed his concerns about a potential bubble looming in the near future. Additionally, he shared his thoughts on the impact of cryptocurrency on the economy. Overall, Taleb provided valuable insights into the current economic landscape and potential risks that investors should be aware of.
Full Interview Link: Available to CNBC Pro Subscribers – Watch CNBC’s full interview with ‘The Black Swan’ author Nassim Taleb
On CNBC’s ‘The Exchange’, host Kelly Evans engages in a discussion with Scott Patterson and Nassim Nicholas Taleb on how Wall Street traders made billions by making big bets around major catastrophes.
In this discussion, Nassim Nicholas Taleb, a renowned scholar and risk analyst, was interviewed by Tom Keene at the Bloomberg Invest New York 2023 event. Taleb discussed a variety of pressing financial matters, including Bitcoin and cryptocurrencies, central bank interest rates, and the future of finance.
Taleb argued that Bitcoin and cryptocurrencies are inefficient for transactions, are losing their appeal to illegal actors, and are vulnerable to be replaced by federal digital currencies. He also warned about the dangerous complacency and misunderstanding of risk in the financial world, citing the unexpected collapse of Swiss banks and the rapid rise in inflation that caught central banks off guard. He argued that central banks should gradually adjust interest rates and should not be seen as the ultimate solution to economic problems. Finally, Taleb discussed the future of finance, predicting higher and more stable interest rates that are more in line with historical norms, and emphasizing the importance of caution in the face of unpredictable market events.
In this Bloomberg Odd Lots podcast episode, hosts Joe Weisenthal and Tracy Alloway have a wide-ranging conversation with Nassim Taleb, well-known author of Antifragile, The Black Swan, and Fooled by Randomness. Taleb has been engaging in public debates on Twitter with various communities such as Bitcoiners, anti-vaxxers, venture capitalists, and deadlifters. The discussion covers topics such as Taleb’s clash with these communities and what they’re getting wrong about his ideas, as well as his newfound passion for cycling and how to reduce tail risk in one’s own life. Join us for this engaging conversation on finance, economics, and markets.
The genetics of twin studies have a bias showing more heredity than in reality, owing to a statistical artifact. The twin studies for heredity are based on comparing the correlation between 2 identical twins minus that between 2 fraternal ones (assumed to be sharing half their genes). The use of fraternal twins as control is assumed to extract the “environmental” factors. Problem: Correlation is conditional and psychologists think it is unconditional. We show how the math is entirely different. The core error is that genes and environment are not separable and additive.