5min chapter

"World of DaaS" cover image

Niall Ferguson: Writing History with Data

"World of DaaS"

CHAPTER

Cassandra's Are Not Available to Predict Most Disasters

Nural Rabini predicted a financial crisis every year since 2002. Richard Clark, historically, even in the 80s and 90s, was constantly predicting all these things that turned out to be wrong. It's very important actually not to heed or take too literally people who prophesy disastrous outcomes because they may be quite wrong. All we really need to do is react rapidly when a disaster begins.

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