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A comment on Royal Society cautions against censorship of scientific misinformation online. Parent comment
Can PhDs and Nobel Prize winners, the quintessential experts, make decisions about complex subjects?
If they could, wouldn't Long-Term Capital Management still exist today?
Would the IMF have said, months before the subprime crisis, that global economic risks were on the decline?[0]
Nassim Taleb's tweets are an endless source of examples of experts (PhDs, even!) being clueless, sometimes dangerously so.
Excessive trust of subject matter experts is a very real danger, and a significant one.
[0]: World Economic Outlook: Spillovers and Cycles in the Global Economy. Washington, DC: IMF, April, 2007
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Can PhDs and Nobel Prize winners, the quintessential experts, make decisions about complex subjects?
If they could, wouldn't Long-Term Capital Management still exist today?
Would the IMF have said, months before the subprime crisis, that global economic risks were on the decline?[0]
Nassim Taleb's tweets are an endless source of examples of experts (PhDs, even!) being clueless, sometimes dangerously so.
Excessive trust of subject matter experts is a very real danger, and a significant one.
[0]: World Economic Outlook: Spillovers and Cycles in the Global Economy. Washington, DC: IMF, April, 2007