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Big Idea 2014: Big Data vs. Big Dreamers

10th Dec `13, 11:35 PM in Resources

Friedrich A. Hayek, the 1974 Nobel Prize winner in economics, believed the human mind could not see its…

BDMS
Guest Contributor
 

Friedrich A. Hayek, the 1974 Nobel Prize winner in economics, believed the human mind could not see its own advance; the future is unpredictable, and we simply cannot know now what still remains to be known.

Change and creativity always take us by surprise. If it didn’t, we wouldn’t need it, because we could simply plan on it and incorporate it into our existing strategies and processes. Nassim Nicholas Taleb makes this very point in his book, “The Black Swan.”

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