Nassim Taleb on Fat-Tailed Risks in Terrorism and Ebola
N N Taleb's Probability Questions · Commentary · 10 min · 2017 · YouTube title: Naive empiricism, terrorism & Ebola.
Why it's here
HN cites it when arguing that different risks follow different distributions and should be judged by growth rates and tails rather than current counts.
What it covers
Nassim Taleb argues that evidence on terrorism risk presented in media is statistically naive, using extreme value theory without math to separate fat-tailed risks like Ebola and terrorism from thin-tailed ones.