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We have entered an era where competitive social “scientists” create sophistication but…

We have entered an era where competitive social “scientists” create sophistication but, as they are unchecked (no skin in the game), are increasingly incoherent with elementary notions. (I recall an established financial mathematician who failed my elementary quiz: what happens to the call price if the stock increases). Here is something far more severe.

My answer to the Edge yearly question.

http://www.edge.org/response-detail/25401

via We have entered an era where competitive social… – Nassim Nicholas Taleb.

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