Thursday, January 3, 2013

The Surprising Truth: Technology Is Aging in Reverse

From the article: "We’re living in a Black Swan world, but what does this mean for the future of technology? My new book Antifragile argues that technologies, ideas, and theories – anything informational or cultural, as opposed to physical – age in reverse.

We may be trained to think that the new is about to overcome the old, but that’s just an optical illusion. Because the failure rate of the new is much, much higher than the failure rate of the old. When you see a young child and an old adult, you can be confident that the younger will likely survive the elder." Read more