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A conversation between Nassim Nicholas Taleb and Stephen Wolfram (July 2, 2021) [Part 2]

The Stephen Wolfram Podcast

CHAPTER

What Is Science and What Do People Think Science Can Do?

Science is what happened in the sort of newtonian type period of writing down formulas, figuring things out from formulas and so on. Medicine doesn't think there are formulas - it's just illogic. The same scientific result tells you that your methods of trying to look for the mean don't work. How can a 95% probability distribution be wrong? If i have a lognormal, wath a high variance to lognormal distribution, yu go right if you get the mean right. But in this case, they were largely self-cancelling because people had naught but themselves to blame. And we take 500 pandemics, and we know their fat tails

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