• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Datadoodle

  • Subscribe
  • About Datadoodle and me
  • Feedback
  • Special projects
Home » Panic of '08

Panic of '08

Off the charts: “black swan” ahead?

October 27, 2008 by Ted Cuzzillo

“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 Randomness among other works. He and his mentor, mathematician Benoit Mandelbrot, told NewsHour’s Paul Solman last week that what’s coming might make the Great Depression and the Long Depression of the 1870s seem small.

But before you lose sleep, mind this caveat: Taleb himself calls predictions “bullshit.”… Read the rest “Off the charts: “black swan” ahead?”

Filed Under: Uncategorized Tagged With: in media, Panic of '08, predictions, predictive analytics 2 Comments

Did someone say “panic”? Not in BI

October 16, 2008 by Ted Cuzzillo

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.

Filed Under: BI industry Tagged With: Mark Albala, Panic of '08, predictions, recession Leave a Comment

Primary Sidebar

smarter cities & data narrative

Two recent “storytelling” tools for public audiences Toucan spoonfeeds data’s insight while Juicebox cultivates data skills

The data-shy among us have two friends in the software business. One a few years old and one new this year. Nashville, Tennessee-based Juice Analytics … [Read More...] about Two recent “storytelling” tools for public audiences Toucan spoonfeeds data’s insight while Juicebox cultivates data skills

...and still more

  • This is Datadoodle
  • Civic tech projects need storytellers
  • Democratic pollster: Hillary campaign’s data malpractice
  • Narrative and analytics: brothers
  • Malcolm Gladwell: why oral data’s different

More Posts from this Category

Copyright © 2025 · eleven40 Pro on Genesis Framework · WordPress · Log in

  • Home
  • About Datadoodle and me
  • 2004 to 2019
  • Contact Ted
  • Subscribe