SpaceXponential
@spacexponential
SpaceXponential
@spacexponential
We need a new “epistemic currency,” common to everyone. Fortunately, one already exists, and it’s more fundamental than facts: Trust.
Context Omission and Trust are fundamental ingredients in the creation of facts, and both depend completely on subjective judgment. Facts are not “indivisible atoms of truth” — instead, they seem impossible to define with the objectivity we’ve come to expect from them.
Taleb’s notion of rationality-as-risk-management liberates “rationality” from conflicting sets of rhetorical expectations, and replaces them with a common set of market incentives .
Market incentives create the kind of consensus the information age demands, and also the kind of people who can tolerate it .
We think of ‘facts’ as being somewhat equivalent to data — they’re observations, which in theory anyone could verify.
But observation is just one of three essential ingredients required to make a Fact.
The other two are: