Developer Tea

How Can You Prepare for High-Impact Unknown Events?

14 snips
Feb 8, 2025
Discover how to prepare for unexpected high-impact events by identifying hidden vulnerabilities. Learn about the 'curse question' to envision potential problems and transform them into strategic advantages. Explore the concept of antifragility, turning surprises into growth opportunities. Understand the dangers of medium-confidence assumptions through an 'assumption audit.' Dive into the importance of preparing for a range of possibilities, rather than predicting specific outcomes, and find ways to navigate risks while uncovering opportunities.
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ANECDOTE

Jonathan's Father's Health Scare

  • Jonathan Cutrell's father experienced a cardiac event, leading to triple bypass surgery.
  • Fortunately, there was no permanent heart damage, and he's expected to recover well.
INSIGHT

The Inevitability of Black Swan Events

  • Unpredictable events ("black swans") are inevitable and can significantly impact our lives.
  • Instead of trying to predict them, focus on preparing for their potential impact.
ADVICE

The Curse Question

  • Use the "curse question": Imagine a realistic negative scenario affecting you or your project.
  • Identify the first signs of this "curse" to uncover hidden vulnerabilities and potential threats.
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