Unanticipated events, especially extreme unanticipated events, can harm us or even destroy us. But they can also help us to grow and make us stronger. If they do the former, we tend to fear them and avoid them wherever possible. If they do the latter, our orientation shifts and we tend to welcome them. In the world of the Big Shift, as I suggested in my post last week on resilience, we all need to find ways to harness the power of randomness, volatility and extreme events to help us grow and develop more of our potential.
Focusing on Black Swans
Nassim Nicholas Taleb has been consumed by black swans over three books: Fooled by Randomness, The Black Swan and, now, Antifragile. Black Swans, in Taleb’s parlance, are “large-scale unpredictable and irregular events of massive consequence.’ The latest book focuses on approaches that enable us to thrive from high levels of volatility, and particularly those unexpected extreme events. It’s a profoundly rich and engaging book that will no doubt prove infuriating to most of our economic, educational and political elites, for he argues that these elites have played a major role in making us increasingly vulnerable to volatility and Black Swans