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Re:Exit unicorns, pursued by bears by jariel on Tuesday April 07, 2020 @12:20PM (#22804597)
"And it has to be something unforeseeable by people knowledgeable in the field"

No - this is not true at all.

1) All of the major economic calamities were 'predicted by someone' in the field.

2) Black Swans are 'improbable' - which COVID absolutely is.

"According to Taleb, black swans are events that emerge unpredictably, like a tornado, from a fat-tailed statistical distribution."

What we are seeing is point-blank exemplary of 'Black Swan'.

Re:Exit unicorns, pursued by bears by kelnos on Thursday April 16, 2020 @06:29AM (#22887951)
After reading a bit more about Taleb's definition, I don't really agree or disagree with you. I now think it's actually easy to argue both that COVID-19 is and is not a black swan event, given the (likely intentional) ambiguity of the definition, which is more like a heuristic than a definition.