washingtonsblog.com / March 26, 2014
“Black Swan” Author Nassim Nicholas Taleb Demolishes the Claim that GMOs Are Low-Risk
Risk analyst Nassim Nicholas Taleb predicted the 2008 financial crisis, by pointing out that commonly-used risk models were wrong. Distinguished professor of risk engineering at New York University, author of best-sellers The Black Swan and Fooled by Randomness, Taleb became financially independent after the crash of 1987, and wealthy during the 2008 financial crisis.
Now, Taleb is using his statistical risk acumen to take on genetically modified organisms (GMOs).
Taleb’s conclusion: GMOs could cause “an irreversible termination of life at some scale, which could be the planet.”
Sound crazy?
Sure it does … but only because we don’t understand statistics, and so we have no handle on what’s risky and what’s not.
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