This week Horace joins Oliver to talk about the work of Nassim Taleb -namely, antifragility and asymmetric risk - and what connections there areto disruptive innovation theory and Micromobility. Oliver has wanted torecord this episode for a while and it doesn’t disappoint.Specifically we dig into:- Taleb’s work and background, explaining concepts such as Black Swans,antifragility, Fat Tony, Skin in the Game, Extremistan vs Mediocristan andintellectual-yet-idiots- The attraction and danger of polemical thinking- The importance of understanding if you’re dealing with bounded orunbounded risk probabilities- How traditional MBA education has increased fragility in enterprises,right at the same time that they’re increasingly trapped by the innovatorsdilemma, how these two concepts are tied and why Apple’s paranoia from it’snear death experience parallel the investment strategy outlined by Taleb.- The role of job-to-be-done and the anti-fragility of the restaurant space.- The connections between antifragility and disruptive innovation theory- How micromobility’s characteristics of having a clear and easyjob-to-be-done, relative simplicity, light weight, low cost and flexibleproduction make it suited to taking ‘hits’ to its business model and thus,more likely to be resilient as a phenomenon.
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