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Aperture | The Ludic Fallacy and Our Misunderstanding of Risks #Shorts @ApertureThinking | Uploaded 1 year ago | Updated 1 hour ago
Watch the full episode here: youtu.be/dp1mMGaI9uw

We tend to convince ourselves that we understand risks once we have understood a game of dice, or blackjack. However, trying to approximate the risks in real life with the same methods used in a closed-loop artificial game is simply oversimplification – a mistake we commit daily. This, Taleb calls, is the Ludic Fallacy.

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