Statistical Consequences of Fat Tails: Real World Preasymptotics, Epistemology, and Applications, by Nassim Nicholas Taleb

cxdig's avatarComplexity Digest

The book investigates the misapplication of conventional statistical techniques to fat tailed distributions and looks for remedies, when possible.
Switching from thin tailed to fat tailed distributions requires more than “changing the color of the dress”. Traditional asymptotics deal mainly with either n=1 or n=∞, and the real world is in between, under of the “laws of the medium numbers” –which vary widely across specific distributions. Both the law of large numbers and the generalized central limit mechanisms operate in highly idiosyncratic ways outside the standard Gaussian or Levy-Stable basins of convergence.
A few examples:
+ The sample mean is rarely in line with the population mean, with effect on “naive empiricism”, but can be sometimes be estimated via parametric methods.
+ The “empirical distribution” is rarely empirical.
+ Parameter uncertainty has compounding effects on statistical metrics.
+ Dimension reduction (principal components) fails.
+ Inequality estimators (GINI or quantile contributions)…

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New website for IFSR – the International Federation for Systems Research

[corrected post – I had inadvertently posted the ISSS page *on* the IFSR website]

via IFSR

new website and new info

(currently lacking member body www.systemspractice.org – but that is being remedied!)

The Absent-Minded Father of Cybernetics, Norbert Wiener

via The Absent-Minded Father of Cybernetics, Norbert Wiener

The Absent-Minded Father of Cybernetics, Norbert Wiener

Jørgen Veisdal

Jørgen Veisdal
Following
Mar 7 · 30 min read

“When we met, was I walking to the faculty club or away from it? I’m wondering, because in the latter case I’ve already had my lunch”

merican mathematician Norbert Wiener (1894–1964) was by all accounts, a very peculiar man. After graduating from high school at 11 years old, he entered Tufts College and within three years was awarded an A.B. in mathematics. Before the age of 18, Harvard had awarded him a Ph.D. for his dissertation in mathematical logic. Described by author Sylvia Nasar as

“An American John von Neumann, a polymath of great originality who made stunning contributions in pure mathematics and then embarked on a second and equally astounding career in applied mathematics”

Wiener would be the man to give modern meaning to the word ‘feedback’ through his invention of cybernetics (the study of regulatory systems) which has since birthed revolutionary subfields such as artificial intelligencecomputer visionroboticsneuroscience, and many more.

Collective Impact Forum | Evaluating Systems Change Efforts: Where to Start

via Collective Impact Forum | Resources

Evaluating Systems Change Efforts: Where to Start

Evaluating the impact of long-term systems change work is always complex- there is no one-stop primer or resource that will truly encompass the questions that need to be asked and the data collection methods to use. Evaluating complex initiatives or evaluating programs in complex environments requires the application of a systems lens and a set of principles of practice, as well as attending to the particular contextual characteristics of each case.

Where does one start then when looking at your own systems change work and how to learn from its design and implementation? What do you need to think about when gauging your progress and the initiative’s intended effects, influence, and impact?

Join FSG and the Collective Impact Forum for this discussion with Hallie Preskill and Joelle Cook who lead FSG’s Strategic Learning and Evaluation practice, as we delve into how evaluating system change is different from evaluating programs, and talk about some of the core evaluation principles needed when advancing systems change work.

Webinar Presentation: Access a copy of the webinar presentation at the link on the left of this page. (Logging into your Forum account will be necessary to download.)


Webcast Guests:

• Joelle Cook, Director, FSG
• Hallie Preskill, Managing Director, FSG
Related Resources

 

 

 

Disturbance in human gut microbiota networks by parasites and its implications in the incidence of depression, Ramirez-Carrillo et al (2020) | Scientific Reports

via Complexity Digest

source: Disturbance in human gut microbiota networks by parasites and its implications in the incidence of depression | Scientific Reports

 

Scientific Reports

Disturbance in human gut microbiota networks by parasites and its implications in the incidence of depression

Understanding the Power of Position: A Diagnostic Model – Michael Sales

via Social Systems

a brilliant exposition of of Barry Oshry’s core work.

Australasian Change Days September 11 – 13 2020, Perth, Australia

via Australasian Change Days | Welcome to the Australasian Change Days

 

About Change Days

BUILDING CONNECTEDNESS

Do you lead change or strive to make a difference?

What if we bring our collective effort to bear in new ways to address increasingly complex challenges?

Somewhere between a conference and a festival is the space for Change Days.

Come and be a part of the first Australasian Change Days in Perth, Western Australia, a city that is both the most isolated capital city in the world AND in the same time zone as 60% of the world’s population.

The Australasian Change Days Community (ACDC) will

•  Provide a unique space and opportunity for people who are passionate about change to: connect, share, debate, learn and evolve the practice of Change Management.

•  Be a place where participants share and learn from and with an inclusive, evidence-based community of practice, looking to experiment with leading edge approaches to lead change in organisations and communities

•  Invite participants to create connections with others based on shared values

•  Give space and time to foster new connections (making friends) and nurturing existing connections (strengthening existing friendships)

Every facilitator is a participant!

Be part of the ACDC changemaker tribe by offering a 1 ½ hour interactive workshop session, piece of art, or a learning journey before, during or even after the conference contributing with your experience, excitement and energy to the effort of building Connectedness.

What can you add to the topic of Connectedness? We want to include a breadth of topics related to the theme, not just those deemed traditional “Change Management”.

If you would like to host a pre or post conference workshop then contact me below.

 

We are more connected and more

fragmented than ever before

Absorbed by light

Three figures sit next to each other on a bench, displaying the typical characteristics of smartphone users: their heads are bent, fingers typing and swiping, and their faces are lit up by their phone screens. While their bodies are physically present, their minds are elsewhere.

‘Absorbed by Light’, designed by the British Gali May Lucas and executed by Berlin-based sculptor Karoline Hinz.

The phone and computer screens that, literally and figuratively, light up our lives are irresistible. We read new messages immediately and want easy access to our social media, useful apps, and browser. Our smartphones are with us all the time – in bed, on the toilet, in the train, at our desk. They are an extension of our contact with our families, friends, and even people on the other side of the world. And as a result, we engage ourselves more with the virtual and superficial reality than with each other and the real world around us, something Lucas makes painfully clear. Actively involving the audience in the ‘story’ is a recurring feature in the work of the British artist, who works in Amsterdam as a graphic designer.

 

Continues in source Australasian Change Days | Welcome to the Australasian Change Days

Constellations

perspectivainsideout's avatarINSIDE OUT

It is vital to reawaken the wisdom of the body.” – Mark Vernon introduces Constellations

The body has its own intelligence. It can sound strange to put it like that because we live in an age that has become preoccupied with computers as the paradigm of smartness. This approach values the sort of intelligence that solves problems, calculates and works with concepts. But it’s increasingly being recognised that there are other ways of knowing, and that the body plays a key part.

One way it is showing up is in the cognitive sciences. For example, Philip Barnard of Cambridge University has developed a model to understand how the mind works that includes the body. It draws on empirical research in psychology and sees the body as connected to what Barnard calls the ‘implicational subsystem’.

This implicit mode of understanding is particularly active when we are interacting with the world…

View original post 656 more words

The Impact Gaps Canvas – Tacklingheropreneurship

via The Impact Gaps Canvas – Tacklingheropreneurship

“The nucleolus makes the machines that make the machines that do virtually everything. The cell tour in the Animated Textbook ‘Life’ thus goes from the nucleolus outward, structurally AND functionally, so students can appreciate the cell as a whole”

via (1) Smart Biology on Twitter: “The nucleolus makes the machines that make the machines that do virtually everything. The cell tour in the Animated Textbook ‘Life’ thus goes from the nucleolus outward, structurally AND functionally, so students can appreciate the cell as a whole #biology #animation #education https://t.co/J80D6yCYZN” / Twitter

 

Apologies for so many posts!

I was away for January, and am only now catching up.
I only have… ummm… about 130 emails with potential content to get through.
Stand by for incoming…

Systems Change Vs Systems Optimisation: What they can do for the climate crisis

via Systems Change Vs Systems Optimisation: What they can do for the climate crisis

The case for contextual intelligence: horses for courses – Sonja Blignaut

via The case for contextual intelligence: horses for courses

The case for contextual intelligence: horses for courses

My first formal introduction to Complexity was in 2002. I vividly remember being in the audience of an IBM-sponsored event where I first heard Dave Snowden speak about Complexity theory and the Cynefin sense-making framework. Maybe it was my background in meteorology, or perhaps a natural disposition towards messiness, but I experienced an immediate resonance with thes ideas. Ever since that day, Complexity has become the primary lens through which I view the world.

One of the foundational principles of Dave’s Cynefin framework is “bounded applicability”. This is not an unfamliar concept. We have many idioms we use in every day language that illustrate an understanding of this … horses for courses (which alludes to racehorses performing best on particular racecourses), and different strokes for different folks (we all have different tastes). As with many other common wisdoms, we forget about this in business contexts and too often apply methods and tools as if they are universally applicable. In reality, methods and tools have utility only within appropriate contexts. Methods and tools that work in ordered and predictable domains don’t work in complex and emergent ones. (You can find out more about the difference between ordered and complex contexts in this post.)

My own interest is specifically in Complexity, its implications and how to practically apply learnings from that field in organisations. Current business and management paradigms are firmly rooted in a mechanistic worldview. Much of my writing has therefore been aimed at critiquing practices and ways of thinking that are not appropriate in complex contexts. I may not always make it clear enough that such critiques are not meant to be general. Taylorism, reductionism, linear processes, standard operating procedures, best practices are valid within boundaries. In appropriately ordered contexts they have value, in complex contexts, they either make no impact (best case) or make things worse.

We cannot evaluate the usefulness of a method or tool independent from the context in which it will be applied.

Everything centers around an understanding of context. We cannot evaluate the usefulness of a method or tool independent from the context in which it will be applied. Claims of the universal applicability of methods and tools are at the heart of many expensive failed initiatives I encounter in client organisations. For example, Agile transformations fail because particular frameworks are universally forced onto teams regardless of the nature of their work. Similarly, Lean has many benefits, but when misapplied, it can create near irreparable damage. One example is the famously quoted 3M case that credits Six Sigma with destroying their innovation capability.

As the world becomes more aware of Complexity and more and more “complexity consultants” make their appearance, it will serve us well to remember that not everything is Complex. We are, however emerging from a few decades where order and control were dominant paradigms. There is a need to challenge old ways of thinking and ensure that leaders and practitioners are enabled to be effective in complex contexts. We must just be careful that we don’t allow the pendulum to swing too far the other way where we denigrate things that remain useful in ordered contexts. It won’t serve any of us if Complexity is seen as just the next “fad”.

via The case for contextual intelligence: horses for courses

Tenth International Conference on Complex Systems July 26-31, 2020, in Nashua, NH, USA— New England Complex Systems Institute

via Tenth International Conference on Complex Systems — New England Complex Systems Institute

About ICCS 2020

The International Conference on Complex Systems is a unique interdisciplinary forum that unifies and bridges the traditional domains of science and a multitude of real world systems. Participants will contribute and be exposed to mind expanding concepts and methods from across the diverse field of complex systems science. The conference will be held July 26-31, 2020, in Nashua, NH, USA.

 

more in source Tenth International Conference on Complex Systems — New England Complex Systems Institute

Appendix: Further reading | Meaningness

Wow – a lot of good stuff, well summarised – e.g. the Winograd and Flores piece below…

via Appendix: Further reading | Meaningness

Winograd and Flores

In the late 1960s, Terry Winograd designed SHRDLU, perhaps the most impressive AI system of all time. In the mid-’80s, he recognized that Dreyfus’ critique was mainly correct.

The first half of his Understanding Computers and Cognition, written with Fernando Flores, is a short, clear meta-rational account of human activity. It is written for the STEM-educated, and may well be the best overall introduction if that’s you. For some readers, it may be a bit too short, with not quite enough detail to enable you to grasp meta-rationality.

(The second half of the book is based on speech act theory, a rationalist account of language that seems to clash with the meta-rationalism of the first half.)

I took the title of my book In the Cells of the Eggplant from a dialog in Understanding Computers and Cognition:

A. Is there any water in the refrigerator?
B. Yes.
A. Where? I don’t see it.
B. In the cells of the eggplant.

Was “there is water in the refrigerator” true?

That question can only be answered meta-rationally: “True in what sense? Relative to what purpose?”

 

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