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Mediocristan is tyranny of the collective, Extremistan of the singular

Mediocristan is tyranny of the collective, Extremistan of the singular

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tagsidea, uncertainty, probability, statistics

Oct 12, 20261 min read

Mediocristan is where we must endure the tyranny of the collective, the routine, the obvious, and the predicted; Extremistan is where we are subjected to the tyranny of the singular, the accidental, the unseen, and the unpredicted.

Related: Fat-tailed distributions make extreme events inevitable · The Central Limit Theorem makes inference possible


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