. . . the world in which we live has an increasing number of feedback loops, causing events to be the cause of more events (say, people buy a book because other people bought it), thus generating snowballs and arbitrary and unpredictable planet-wide winner-take-all effects.
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About Nassim Nicholas Taleb
Nassim Nicholas Taleb was a contemporary American american author. Nassim Nicholas Taleb is a Lebanese-American New York Polytech professor, essayist, mathematical statistician, former option trader, risk analyst, and aphorist. His work concerns problems of randomness, probability, complexity, and uncertainty. Read more on Wikipedia →