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Paul Ford Bluesky
I feel like I am constantly inventing new ways to convince my kids to do the laundry, eat lunch, or leave the house, endless variations on the same things like some sort of stochastic parent.
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14 September
15 August
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Their words
The alternative way that you can reduce risk is actually just reducing consequence, right? And we would argue that that's a much better way to reduce risk. Odds uh are stochastic, right? Even if you do an enormous amount of risk reduction on odds and you do all this engineering, something's still going to happen, right? like just something's going to come out of left field and you can't predict everything.
13 August
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korrents.com
Success in cultural and professional fields is driven more by chance and path dependence than by talent.Their words
much cultural success is stochastic (the experimental evidence suggests that talent only moderately predicts success in culture markets), and that path dependence shapes chances of success
20 December 2025
26 October 2025
31 March 2025
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Their words
The short, and very much un-sweet, vision of a tariff-bound economy is that it is stochastic. We can observe it, measure it, analyze it, but we cannot really predict it.
21 January 2025
13 April 2024
18 January 2023
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