Monday, November 11, 2013

WSJ. Magazine November 2013: The Columnists WSJ. asks six luminaries, including Mindy Kaling and Nassim Taleb, to weight in on a single topic. This month: Innovation

Nassim Taleb
"If you look at the history of innovation, you discover that the process is much less intellectual than you might think. Less rationalistic, in the sense of being derived from the top down. Much less dominated by schools. And, typically, driven entirely by tinkering. Tinkering is just people doing what they like to do. The results come and often they don't even recognize them. It's not purposeful—often the result has nothing to do with what people start with. You look for India, you find America. If you want a breakthrough, don't specify where you're going. In the long run, the more randomness, the more you're going to be helped. I have no plan when I wake up in the morning. I have absolutely zero idea where I'm going. The minute I'm bored with something, I move on to something else. Life is too short—I follow stimuli."

—Taleb is a statistician and author of The Black Swan and Antifragile: Things That Gain From Disorder.

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