One more thought provoked by Nate Silver's thought-provoking The Signal and the Noise.
It's about the seductiveness of data and cool, overly precise models.
(In comparison, say, to scenario-based planning? Sorry, the scenario consultants in us always rear their ugly, pragmatic, self-promoting heads. We gotta work on that.)
Silver brought back to the surface an idea I (and others, such as Nasim Nicholas Taleb) have had before, but especially since the financial crash of 2008: accelerating advances in technology and data-gathering create a new sort of bias that...Read more