On the Extraordinary Importance of Complexity
Of all physical quantities, energy is probably the most important. Energy expresses the capacity of a body or a systemContinue Reading
Tag: uncertainty
Ryanair, a Fragile Complex Giant.
The laws of systemantics are said to be pseudo-science. Fair enough. A few of these laws are listed below. They apply toContinue Reading
Stop Pretending that an Economy Can Be Controlled
We reproduce verbatim a very interesting article by Angel Gurría, OECD Secretary-General. All our blogs are original, with very minorContinue 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 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
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
Global Financial Complexity Index Anticipates Dow Jones Falls.
The Global Financial Complexity Index™ (GFCI™) is a meta-index which measures the complexity of the global financial system. TheContinue Reading
Artificial Intuition 