Nov
19th
Mon
19th
Directed research is useless
There is a nice article in Forbes which basically says that directed research is pretty much useless. Directed research is what happens when you tell researchers what they must work on, because you predict that it is what is important. The article is based on a book by Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable. Here are two great quotes from the article:
Trial-and-error has error in it; and most top-down traditional rational and academic environments do…
