Lecture at the Annual Meeting of the Ron Paul Institute, 2025
Friends, I have seven points. Why seven? Because I’ve been reading too much Babylonian history recently.
FROM CONNECTIVITY TO TECHNOFEUDALISM
The first one is about concentration, a distinctive feature of the modern world, often tied to what I called the Black Swan problem. We now see winner-take-all effects everywhere, owing to connectivity. Imagine an island with many species but a high density per square meter. Compare that to a continent, where opening up space leads to fewer species per meter because some will eventually dominate. This mirrors cultural and economic life today.
Continue reading on Medium: nntaleb.medium.com/the-world-in-which-we-live