Complex systems like the World Wide Web have this property. They may not fail as often as simpler ones, but when they fail they fail badly. Capitalism and the Internet, both of which are incredibly efficient at propagating information, create the potential for bad ideas as well as goods ones to spread.
Tuesday, October 30, 2012
When they fail they fail badly
From The Signal and the Noise by Nate Silver. Page 13.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment