A Bank in a Nutshell
Businesses rely heavily on information and data. Many businesses actually store data. Some businesses use this data to derive statisticsContinue Reading
Latest Posts
Politics and Ratings. The Empire Strikes Again.
DBRS, a Canadian rating agency, has recently downgraded Italy to BBB, removing the country’s last ‘A’. In the meantime, Moody’sContinue Reading
Autonomous Driving. Are we Ready?
In highly complex systems malfunctioning or even bad design may remain invisible for a long time. In highly complex systemsContinue Reading
Prediction: a quick way to look like an idiot.
What is a prediction? A prediction is a statement about what will happen or might happen in the future. ThisContinue Reading
Trump, Brexit and the Failure of Predictive Analytics
The two most important events of this year are the Brexit and the election of the President of the US.Continue Reading
What is Critical Complexity?
Knowledge is an organized and dynamic set of interdependent rules. An example of a rule: “if UNEMPLOYMENT increases then NEW HOUSEContinue Reading
Is it Progress if a Cannibal Uses Knife and Fork?
The North American XB-70 Valkyrie was a (beautiful!) tri-sonic bomber developed in the early sixties. It was, even by today’sContinue Reading
Is a Global Post-Critical Society Possible?
Every dynamical system possesses a characteristic value of complexity which reflects how information is organized and how it flows withinContinue Reading
Isn’t Everything a ‘Complex System’?
What distinguishes a theory from a conjecture? For example a characteristic constant (G, c, h, K, etc.) or a fundamentalContinue Reading
Complexity, Criticality and the Drake Equation
Frank Drake devised an equation to express the hypothetical number of observable civilizations in our galaxy: N = Rs nhContinue Reading
Artificial Intuition 