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Deborah Gordon on Ant Colonies as Distributed Computers

COMPLEXITY

00:00

The 49er Mentality in Complex Systems

In complex systems, it's riskier on the margins but you get high risk high reward. A not very bad thing that happens all the time can be as bad as a really bad thing that hardly ever happens. Risk has two sides to it: One is how bad is the bad thing that might happen and the other is how likely is it to happen.

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