Off the charts: “black swan” ahead?
“Black swans” are the anti-gravity of predictive analytics. These events are so far off the charts that we dismiss the possibility out of hand. But when one occurs, it’s a doozy. The Panic of ’08 may lead us straight into one of these, says Nassim Nicholas Taleb, author of The Black Swan and Fooled by [...]
Did someone say “panic”? Not in BI
Last January, I surveyed BI consultants to see what the season’s recession was doing to BI. Things were going fine, most reported. This week I’m following up with them on the Panic of ’08.