Third conversation between Nassim Nicholas Taleb & Yaneer Bar-Yam about uncertainty, certainty and what to do when there is a systemic risk; what not to do when a truck is headed your way. How acting early would have cost less? They also discuss:
John Ioannidis recent post “we are making decisions without reliable data”
Why we should make decisions without reliable data & use precautionary principles
How the costs would be so much smaller if we would have acted earlier.
» Lorin Hochstein discusses the fragile side of cloud software concluding the “future of cloud software is systems that fail much less often, but much harder” on Cloud software, fragility and Air France 447.