This isn't your average business podcast and he's not your average host.

This is the James Alteter Show on the Standsbury radio network.

Very excited to have author Nassim Taleb come on my podcast.

He just told me it's his only the second interview he's given this year, author of

full by randomness the black swan and my favorite anti-fragile lots of great ideas that

come up in our conversation.

So I hope you listen.

Thanks.

Here's Nassim.

Let's look at technology.

Okay.

Technology works beautifully when it destroys bad technology.

And in anti-fragile I discuss the Lindy effect who tells you pretty much the following.

If something has been around for 20 years odds are it has 20 more years to go.

Yeah.

If something's around the technology and idea that's not perishable.

For a human you don't have that effect.

For a technology you have that effect because there's no upper bound on life of a technology.

So if I see an old man and his grandson I can say statistically that bearing some problem

with the grandson, some disease, some whatever problem that the grandson will survive the grandfather

or whereas with technology it's exactly the opposite.

If you see very young technology and old one out young technology is not done survive.

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