Monday, April 13, 2009

Surviving Black Swans

John Robb offers an alternative solution to the Black Swans caused by the tight interdependence and (fr)agility of modern financial systems:

I recommend that we organically evolve into a more efficient decentralized system that concentrates on community resilience. Resilient communities involve intentional decentralization (lower connectivity or an ability to suffer a loss in connectivity without damage), which would radically reduce the chances that large network failures would result in cataclysmic black swans. We would be able to reboot quickly and with little long term damage.

He's also got some nice posts on "open source warfare" in there.

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