EconTalk

Nassim Nicholas Taleb on Antifragility

Jan 16, 2012
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INSIGHT

Antifragility Versus Robustness

  • Antifragile systems improve from stress and have upside from volatility.
  • Fragile things only suffer; robustness merely resists harm without gaining from shocks.
INSIGHT

Stress Is Necessary For Living Systems

  • Living systems need stress to communicate with the environment and improve.
  • Removing stress (e.g., spaceflight bone loss) leads to decay, not health.
INSIGHT

Short-Term Fixes Create Long-Term Fragility

  • Suppressing small disturbances builds hidden fragility that later causes catastrophic failures.
  • Continuous firefighting or bailouts accumulate fuel until a massive disaster occurs.
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