![]() ![]() ![]() Humans are wired to derive meaning from all the information available in the environment. It is a guide to understanding one’s own shortcomings while making logical decisions and predictions, recognizing the human desire to fit information into easy-to-understand narratives as an outcome of clouded judgement, making better use of ignorance, and why it is detrimental to cling to one’s beliefs. In his 2010 work, The Black Swan, Taleb points out these seemingly random events and their pitfalls. Nassim Nicholas Taleb coins the term ‘Black Swans’ to describe events that are thought to be impossible, yet redefine one’s understanding of the world. The human perception of randomness and intuitions while making predictions and decisions can result in profound consequences individually, and as a society, often at the expense of accuracy. Often, humans lack the ability to define or understand randomness and give in to decision-making methods that heavily rely on intuition. ![]()
0 Comments
Leave a Reply. |