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Friday, December 19, 2008

Too Big, Too Fast, Too Complex

Here's a review of a talk given by John Robb.

Key is to understand that our world is too big and too connected and too fast to be understood or controlled by the way we think and act today. The financial crisis has caught all the leadership offside - they are all behind and there is not enough money in the "real economy" to cope with the damage done by all the derivatives etc that far exceed the real.
...Sparks is discontinued and I just got back from a bohemian drinkfest in Pittsburgh, but at some point soon it's going to be necessary to stop all this partying on the deck of the Titanic, to use an awesome cliche, or maybe that point was four years ago.

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