Author and researcher Nassim Taleb describes why capturing luck through diligent trial and small errors is the actual basis of human innovation, rather than the collective knowledge of experts. According to Taleb, convexity matters much more than knowledge, when you are faced with randomness and uncertainty.

Video clips from: How Things Gain from Disorder [Entire Talk]

3 minutes

Skin in the Game

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2 minutes

Dangers of Protecting the Status Quo

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4 minutes

Trial With Small Error

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6 minutes

The True Nature of Fragile Systems

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