"You should never tell people what they should be doing. You should tell them what you're doing." Nassim Nicholas

*Some timecodes:* 0:45 How I write 2:50 Lindy effect 7:00 Skin In The Game 11:35 Ludic Fallacy 14:15 Expert Problem 25:03 The Golden Rule 29:20 You cannot have political opinion without attaching a scale to it 30:50 Risk as virtue 32:50 The system don't learn because people learn 35:40 Law in Switzerland to limit the income for chief executives (didn't pass) 36:10 Christology 40:30 When people tolerate inequality 45:20 Which surgeon would you choose? Q&A: 47:05 Is mandatory conscription gonna create less wars? 52:25 Peacock's tail is NOT USELESS 53:20 How to decide what to read? 54:18 How long can a group of experts survive if they do not have "skin in the game"? 57:40 When the military intervention is justified?

I once visited a hotel where they gave you a $10 daily credit if you chose not to have your room cleaned. I liked that.

Baldness is an evolutionary mechanism for people to have more skin in the game, all else being equal.

U can't walk away from risks u've created for others. Excellent line

14:40 Taleb: Don't invest in restaurant business 2020: yes

I like the peacock guy. That's skin in the game. Really putting yourself behind what you believe and that too by confronting Nassim Taleb on video that would be put on UKposts instead of quietly in a paper or in front of a receptive audience setting - ultimate risk taking.

it's unbelievable how he gives the talk in this kind of a fractal manner where it's sometimes difficult to make sense of certain elements but as it starts approaching the end, everything becomes clearer and clearer and at the end it all makes sense - really good talk and interesting ideas!

"Identity Politics is a form of Racial Segregation". So true, so very true.

+ Talks at Google Hey, Around 34:37 Nassim speaks about a peacock. In the subtitles there is a part described as [INAUDIBLE]. The word he is saying there is Zehavian, as in Amos Zehavi, who coined the term "Handicap principle", and used the peacock as an example for it. Please see: en.wikipedia.org/wiki/Handicap_principle So the sentence should be: " And... The peacock, you know, the Zehavian peacock story, the peacock, why does the peacock have a big tail?"

He's got so much he wants to get out that he can't stick on most thoughts for long.. not a great speaker but interesting and genuine

7:20 The guy in the bottom left's reaction to no spoiler alert

The guy got pretty sentimental about the peacock

I love how he constantly goes out of his way to insult economists lol

Nassim Taleb's book antifragile changed my life. I am so excited about this book. & also scared.

Great to listen to Taleb always A rare mix of truthfulness and genius

Fantastic, Taleb's ideas are powerful and profound.

I completely agree.. so many books, especially the nonfictional ones can be summaries instead of full books!

Great mind!! Keep going nassim

47:17 The most important point in this discussion, by far! 😎✌️

The segment at 46:27 reminds me of how Russell Peters said he'd never go to a doctor who was an Indian man raised in North America.

Taleb smacking his 3 appearances per year, lately. Enjoy this gem.

7:16 Guy on left - "Dude, WTF!? Spoiler Alert!"

I read ‘Antifragile’ a few years ago and did not like it, less for the actual content but his tone. But listening to this talk absolutely blew my mind. Taleb is spot-on. Controversial, destructive but sincere in his statements.

10:00 Right! In Ancient India, people became, say, ironsmiths first and then eventually understood metallurgy. Technology preceded science.

This man is a freaking polymath. He wrote shit in a old school volume style like a freaking G

sweet its the same talk he did with Naval.

At 56:50 he says ”Vuitton bags” not completely inaudibly.

What Naseem Nicholas Talib labors to illuminate in a highly organized manner is: at least partly understood intuitively by most folks, in some parts. This is why his academic exercise on the chosen concepts resonate so well. E.g. The Yogi Berra quote, which itself resonates so well because it encapsulates the obvious in a comical rememberable way. Where Me Talib excels is he objectively examines and chronicles these ideas, some well known and some not so well known. IOW we all have an institutional understanding developed over centuries of experience that is not formally passed by wrote absolutes repeated and tested on. I love his books because they're like a statistical model. You may uncover unrealized correlations, but if the model is Amy good, it also confirms the obvious. He's a delight to read and I hope he continues to find motivation and reason to continue his exploration and documentation of interesting aspects of our human condition.

Thank you!

I just adored this,very helpful I have so many questions and nobody but Google to ask. I'm going to read your books asap because I'm super confused and the anxiety about this path is intense.

We need to keep this guy alive for a few generations. The world needs him.

47:50 - hair in the game

This guy is a freaking genius.

extraordinary man

Christology suddenly made sense to me. Virtue signalling via risk. Christ had to be human in order to suffer. Wow. Thanks, Mr. Taleb.

The answer about Truth was very deep. truths that are useful and impact individuals in society will eventually survive. And I guess that happens through through mutiny and/or overthrowing of a regime or change in Governing party

Wonderful!

Brilliant !

Seems like he was nervous at first. First few minutes were bad but around minute 10 he became more articulate. I'm glad I didn't skip this talk too soon.

I love Taleb's books, but whenever I hear him speak I have no idea wtf he is talking about.

I'd be psyched to see this philosopher in person!

i must attempt his book(s), especially considering the initial statements. Although many of his examples in this talk were smashers, some did not make sense to me ( I felt the questioners delivered some valid critique). 'i take risks - i make tweets' (?). the unsubtle knife. I guess it depend on ones point of view, ones priestly height "bumfff" as he lands back to earth. scales of risk. 'Soldiers in Normandy' - risk of death was great here but i'm sure the majority of soldiers were 'actually' there under gravity of duty (draft) rather than wonder lust - although it may have been exciting, terrifying, empowering for them,, war and young men etc. He talks about levels of risk but understands this differently to me (cos its complex). But there were some great observation and he did talk of scales of risk. evolutionary edies can burst new banks. rococo - baroque - classasicm - modernism - contemporism. His swing at the world hacks a mark but his nose seems very bloody - the cost of his in-elegance? But still there were some great observations and I will read on! thanks.

I heard of him via the Black Swan but never listened to any of his talks. Very insightful man. I will buy his book.

I click on everythink new with Nassim N. Taleb!

49:04 yes lifting and mobility can help recover from injury

Just read the book ! Nassim is my favourite modern thinker, but listening to him discuss his ideas is like listening to Mozart mangled by an 8 year old.

Interesting comment that society should move back to the apprentice model for building relevant skills

Literally never seen him so calm and agreeable lmao

Despite his rather harsh ways this is what a genious sounds like: very sophisticated ideas with complex and imense impact; delivered in short, concise, very easy concepts.

The thought that if we forget the lessons of the past are doomed to repeat it rapidly comes to mind when I look at our economy today. While we constantly refer to the "2008 financial crisis" it has been chiefly forgotten and we have learned very little from it. The following article is a stark reminder that we may have learned nothing. brucewilds.blogspot.com/2018/05/often-mentioned-2008-crisis-chiefly.html

I was expecting a technical graphics talk about rendering of skin in games.

17:45 man we learned that the hard way in 2020. Love this guy!

48:39 Taleb on deadlifting and speaking on the risk of his own advice .

Someone was pretty enthusiastic about correcting a figurative description of a peacock tail.

Mr. Taleb, Google has changed in the past 6 years, they are the IYI now.

"Skin in the Game" in german = "seine Haut aufs Spiel setzen". There is a german bishop, Reinhard Marx, who wrote a book on economics called "The Capital / Das Kapital", drawing a lot from the concept, 2 years before the Black Swan came out.

This man is so fucking intelligent I love listening to this stuff!

Thanks, guy in green at 51:49, for letting us know you have a degree at evolutionary biology.

20:31 Talking about Robert Shiller. A good friend of his.

I like this guy.

He has an interesting manner about him

Translation of “skin in the game game” into German would be “Die eigene Haut riskieren” “to risk ones own skin”. However most Germans would understand and prefer the English version

Good ideas in fractal format Microtubular

What about George Orwell's 1984? Didn't that major book written in 1947 anticipate on the future ? So,by way of consequence some books are also written to perceive and understand the future

Ok. I am leaving this comment just as I bring up the presentation. I am familiar w/ Mr. Taleb's work and the fact he was one of very few who predicted the market crash in '08. I will definitely be reading this book when I get a chance because if his premise is that people across the socio-economic strata need to feel like they have skin in the game for a free society (or any society really) to work then I agree whole heartedly. "Skin in the game" has been a go to talking point for me for like a year or so now. And I am just super pschyed to hear someone else say it! Plus his audience is way bigger than mine. (God bless all my coworkers for listening politely, they're good people) Changing minds is both the hardest and easiest thing a person can do.

Great guy

"If a book is boring - close it"

Nobody predicted Google but Douglas Adams did create the Hitch Hiker's Guide to the Galaxy, which was a continually revised universally online volume which was electronically accessed. Now, maybe google looks a little tame by comparison.

LMAO at that angry peacock guy

Amazing how he can be so smart, yet listening to him is like swimming through a pool of rusty nails.

I wonder how certain types of philosopher - certain types of metaphysician, say - could have skin in the game? Aren't there kinds or levels of theory that just can't really be approached in this way? But yeah, great lecture.

I would read this guy's books... but they are too new. I won't know if they are any good for another 1000 years.

He talks as if he was high. When you are high you get the most interesting and genuine ideas, it's like a firework - but you forget each within 5 seconds. You start a sentence and by the time you get to the end of the sentence you don't know what the heck you were trying o say. At least that's what I was told by people who smoke weed.

Lots of truth.

26:40 Good to know I am not the only one with anxiety attacks.

would have loved to hear the complete explanation about the holy trinity 36:22

2:43 modus operandi: a particular way or method of doing something, especially one that is characteristic or well-established.

10:02 - illusion that technology comes from science 13:37 - the more uncertainty there is, the more certainty is in what to do. 28:00 - skin in the game consists of 1) dynamics over time 2 things change in scaling 28:48 - individual is a different animal and a group is a different animal 46:23 - How to hire people? Which people to hire and fund 48:14 - the logic of risk taking

This is a brilliant guy. Love what he has to say on war. My own take on it is this - if you want to go to war in some foreign land, cash out all your assets, grab a gun, and get in the front line. Otherwise shut the hell up.

Wow that guy was very emotional about peacock tails. Childhood trauma?

The books that have endured the test of time must therefore hold some kind of survival truths.

Thanks

I made it 34 minutes deep. My dude is probably more charismatic on paper.

Taleb around 51:20 'عفواً'

Nassim needs to study Algorithmic Probability. Indeed, Google needs to study it relation to "bias" or Google may find itself subject to draconian governmental intervention. My response to the UK government's initiative on "bias" in algorithmic decision-making by its "Center for Data Ethics and Innovation": The missing ingredient in remediating bias is that we use data to recognize bias, including bias in the data itself. Any serious experimentalist understands this: Measurement instruments must be modeled along with the measurements they report. The solution to this apparent conundrum in data analysis has been known since the early 1960s: Algorithmic Information Theory. In short, to discover bias in the data, one must strive to approximate its Kolmogorov Complexity program as model selection criterion: The smallest program that outputs the data embodies the best model, including the best model of bias in the data. Multiple measurement instruments provide the cross-checking data necessary to discover bias. Since entire disciplines can be biased, this means cross-disciplinary measurements must be included in a comprehensive corpus to be compressed. Aside from the fact that this is _the_ right way to discover bias in the data, it has the additional benefit of resolving the political conundrum entailed by vague model selection criteria for adoption in public policy. www.gov.uk/government/publications/interim-reports-from-the-centre-for-data-ethics-and-innovation/interim-report-review-into-bias-in-algorithmic-decision-making

LOL @ the angry peacock guy!

I'm reminded of marriages for alliances. Fusion of fates.

23:15 Hammurabi was ruler of Babylon between 1792 to 1750 B.C.E.

When he mentions at around 11 minutes “people who come from theory and go into practice blow up” does he mean it in a negative way in that they can’t handle the reality of practice or in a positive way as in they are really successful?

bruh he just roasted that dudes painting

20:20 He just explained why the entire education system of the world is eroding.

Will i able to understand the book(I am not smart) or what can I do to understand it ?

A True Thinker 💙💚

This is btw the German version Me as A German, oh yeah that's indeed German :D I just recognized it after he told so :D

"Whether its readable or not they pay the price." I like this boomer :D

I really really want to know more about this book but listening to the author speaking is a torture especially when I'm a non-English mother tongue 😅

06:40 "What is recent will be replaced by something more recent." Technology.

bad attribution to darwin taleb he never said survival of the fittest, the concept is that their is no genetic makeup that is superior to another but that there is a specific adaptation for each individual environment. kind of like a hummindbird

wow smart guy