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Carlos Gershenson on Balance, Criticality, Antifragility, and The Philosophy of Complex Systems

COMPLEXITY

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When Slower Is Faster?

This is an unprecedented time. We're not actually adapting at those time scales. And so this is related to the problem that I talked about with Doyne Farmer, where Doyne's work in market ecology showed that... You mentioned flash crashes a moment ago. System like Robinhood, which allow for fee-free trading by retail investors, lead to enormous market instability. But on the other hand, it's arguable that more people are getting wrecked by this system than are benefiting from it. It could be argued that it's unbalancing our planets, our economy, our way of life.

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