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The term “black swan” – popularized by Nassim Saint Nicholas Taleb – refers to unpredictable events with usually harmful consequences. per Taleb, the 3 traits of a swan event are Rarity – i.e. Unpredictable Outlier. leads to Severe Consequences.
After characteristic and merging duplicates, swan contains info concerning quite 40, 000 events. Terms during this set (5) swan. An occurrence that deviates on the far side of what's unremarkably expected of a scenario that would be very troublesome to predict. ( whole foreseeable in hindsight)
Classic swan events embody the increase of the net and private pc, 11 attacks, and war I. However, several different events like floods, droughts, epidemics, and so on square measure either inconceivable, unpredictable or both.
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