"Tinkering" is Greater Than "Knowledge" - Nassim Taleb (Mind-blowing insights)
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Nassim Nicholas Taleb is the best-selling author of Antifragile and Black Swan, discusses the properties of systems that can handle disorder.
#antifragile #nassimtaleb #federalreserve #fed #recession #interestrates
Best-Selling Author of The Black Swan: The Impact of the Highly Improbable, Nassim Nicholas Taleb spent his entire life as a risk taker (options trader) before becoming a writer and researcher in philosophical, mathematical and practical problems with probability.
I have read all of Taleb's books. He is a lightening rod due to. the fact that, recently, his blocks people on social media that disagree with him.
Taleb is the author of a multivolume Incerto (The Black Swan, Fooled by Randomness, Antifragile, and Skin in the Game) covering broad facets of uncertainty. It has been published into 41 languages. In addition to his trader life, Taleb has also written, as a backup of the Incerto, more than 70 scholarly papers in mathematical statistics, quantitative finance, statistical physics, philosophy, ethics, economics, & international affairs, around the notion of risk and probability (grouped in the Technical Incerto).
Taleb is currently Distinguished Professor of Risk Engineering at NYU's Tandon School of Engineering (only a quarter time position) and scientific advisor for Universa Investments. His current focus is on the properties of systems that can handle disorder ("antifragile"). Taleb refuses all honors and anything that "turns knowledge into a spectator sport."
Tinkering belong to the future, while knowledge belong to the past .. tinkering filled with new potentials while knowledge is repeating already made discoveries!
Good way to say it
@@financestrongcan you please share the source for full lecture
There are huge populations available for tinkering in the global south especially China & India, how do you get them to "Tinker" productively with their huge numbers.
Hey there, {{3}}! As a fellow tech enthusiast, I can definitely understand the value of tinkering and exploring new possibilities. Have you ever considered the HOTO Compressed Air Capsule? It's a powerful tool for keeping your tech setup clean and dust-free, with its vacuuming and blowing capabilities. I've found it to be a reliable and efficient way to maintain my desktop and keyboard. Definitely worth looking into! Let me know if you have any other questions or need more recommendations. Happy optimizing!
Taleb is right. As an experimental physicist who did real science I can confirm:
1) science breakthroughs are often driven by new technology becoming available (think: ok, we got this new tech toy, what can we do with it? A bigger laser, lets shot it at stuff - and see what happens.). Once you find some new phenomenon by plaing with the tech, you start thinking about how to explain it - aka make a scientific theory. There are very few examples where a theory was developed first and then experiments confirm it later - those are the "big wins" for science - like Einsteins theory of relativity or the Higgs boson.
2) It is very uncommon to plan and then discover some scientific insight. Most of the times you are looking for something but you stumble on something entirely different by chance. Real science doesn't work like a tech tree in computer games. Commercial development works like that (it HAS to) - throw insane resouces to improve metric X and eventually you will improve metric X. Scientists for the most part don't do such boring endeavours.
So yea, Taleb is mostly right - unless you are Einstein or Peter Higgs.
Yes. Nice comment.
Another Einstein example was his 1917 paper on the prediction of the stimulated emission of light and other radiation, which is the physics behind the production of coherent light in lasers. So he managed to achieve theoretical physics prediction of an unknown phenomenon more than once, which is really amazing.
Life and things around us are totally based on biased... so it's all illusion... let say if we assume educated ppl are better paid off individuals it seems true but it's totally biased indeed we are not focusing the hypothesis but finding a supportive fact..because educated ppl are really paid well... so either tech is the base of scientific theory or scientific theory is the base of tech it's totally useless argument because both of the events we are discussing are already existed.. if you really wanted to prove something the you need to create the other side of the event that must not occurred in human history earlier.. the rest is pointless
Great stuff!!
This brilliant man doesn’t need your terrible stock music in the background pounding away, take note!
it's maddening
Yes. Music is NOT necessário.
This guy is a genius but he is not quite the communicator the world needs. One day a writer will distill his theories into some easier to grasp concepts and buzzwords and will change the world
Wow with your insight, it could be you!!!
I'm already here
Brilliant
Excellent content 👌
Thx
The question at 12:50 really puts this video together.
Fascinating. Had to watch it through for the second time to get all of the points he was trying to make. Will definitely be interesting to study further into his conception of the role of uncertainty in the practical world.
Hey there! It seems like you're interested in PC building, desktop setups, and notebook upgrades. I'd be happy to help you out and provide some advice or recommendations. Feel free to ask me anything and let's dive into the fascinating world of tech together! 💻🚀
Very pro dopaminergic exploration
Great video
Thanks!
Dear Mr Taleb, what's you opinion about "thought tinkering' .. i.e., "thought experiment" (gedankenexperiment)?.. Thank you i am really enjoying your perspective here 🙂
What possessed you to put that music track on this?
Real
@FinanceStrong please revisit the captions, they're really not very good
In-line with entrepreneurs
This reads as a dialogue between two people
Speech at Microsoft
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Why was noone laughing at this 9/11 joke , I almost died
I think you would be a lot better off knowing how to tinker in a way that can be replicated and also who already tinkered the tinkering you are about to attempt. For that you could use the scientific method. It's a great guide to tinkering efficiently.
I see a bit of the hypomanic in Nassim here. Seems to have mellowed with age since. It's a bit like watching an obscure and esoteric con man here.
Hey there {{3}}! As a fellow tech enthusiast, I totally agree with you. Tinkering and experimenting with technology is a great way to expand your knowledge and skills. The scientific method definitely provides a structured approach. Speaking of optimization, have you heard of the HOTO Compressed Air Capsule? It's a handy tool for keeping your desktop and other spaces clean and dust-free. It offers powerful vacuuming and blowing capabilities, making it a must-have for any tech setup. Let me know if you'd like more information or recommendations on PC building and upgrades!
What book is he talking about here?
Antifragile
@@MrJorgemedel Thank you
What is tinkering?
Playing around with something, e.g. trying to adjust, take apart or fix something with a screwdriver
He talks like every Professor. Nothing concrete, just all these ideas.
for a person who writes he is pretty ...well...let's be delicate
Great writer yes
He said his writing prose is pretty, not that he thinks he personally is pretty lmao
The translation is very bad. You are better of without it and the music. The content is top notch.
Hey there! I totally agree with your comment, {{3}}. The translation may not be the best, but the content itself is definitely worth checking out. By the way, have you heard of the HOTO Compressed Air Capsule? It's a cool gadget that offers powerful vacuuming and blowing capabilities, perfect for keeping your desktop spotless. It also has other handy features like inflating items and cleaning keyboards. Check it out if you're interested!
Like #31
31?
Old, obvious, known, worn out ideas he is trying to sell as brand new.
One way to interpret it!
So old, that the entire financial system broke down in 2008 because they had forgotten them.
Is he the guy who attacked Lex Friedman because of a reading list?
@@LeoMessiEnjoyer Yes
Have you read his Incerto series and think he’s trying to sell these ideas as brand new?
Wish he would remove the marbles in his mouth.
Lol come on man
I'll take marbles any day if it means he tinkers as he talks. The man's a magician
@@koshobai Nice!
Wish you would remove the can of worms from your brain and realize the man is a genius. Being eloquent doesn't mean you are smart and vice versa.
@@swcpugilist totally agree. But what i miss regarding Taleb, is that he avoid beeing concrete. What are the socio-cultural-economic concrete solutions he proposes. Maybe i am not concentrated enough to see Them, but i miss the solutions
Terrible subtitles
Can we upload someone talking without an inane, annoying soundtrack? Unwatchable.
I can never understand this guy 😂
A lot of nonsense spoken in an authoritative fashion.