How does the black swan and white swan story relate to our perception of the world?

It relates to probability in that the belief that all swans were white was based on a high probability assumption from prior observations. But the black swan showed that even a very low - probability event can occur.

The moral could be that we should not assume all things are the same based on our limited experience. Just because we've only seen white swans doesn't mean black swans don't exist. It warns us about the danger of over - generalization.

The Black Swan fits into the Swan Lake story as a source of confusion and conflict. She tricks the prince into thinking she is Odette, the White Swan. This deception is a major plot point.

The Black Swan Theory Story relates to real - life situations in multiple ways. Take the technology sector. The sudden rise of smartphones was a kind of black swan event. Before they emerged, the mobile phone market was mainly dominated by simple feature phones. Smartphones revolutionized the way we communicate, access information, and do business. No one really predicted the extent of their impact. Another example is in the political realm. The fall of the Berlin Wall was an unexpected event that had far - reaching geopolitical consequences. It changed the balance of power in Europe and had an impact on international relations, just like a black swan event does in the Black Swan Theory.

The 'black swan story' has a profound impact on decision - making. It forces us to be more humble about our predictions. In personal finance, we often plan for a stable future with steady income and predictable expenses. But a black swan event like a major illness or a global economic recession can disrupt all that. So, we should have contingency plans, such as building an emergency fund that can cover unexpected costs. Also, in career choices, we should be aware that an unforeseen technological innovation could make our current skills obsolete, so we should keep learning and be adaptable.

The 'darkness is the absence of light story' is deeply connected to our perception of the world. We are used to seeing the world in terms of contrasts. Light is often associated with positive qualities like hope, knowledge, and clarity. Darkness, being the absence of light, then takes on the opposite connotations. When we look at a dark alley, for instance, we might feel a sense of unease because it lacks the positive 'light' elements. Our perception is influenced by this relationship, and it affects how we interact with different environments. If we understand that darkness is just the lack of light, we can also try to change our perception of negative situations in life by looking for the 'light' that might be missing.

The story changes our view of risk by showing that rare events can have a disproportionate impact. Before, we might have focused on more common risks with smaller impacts. But Taleb's black swan concept shows that we should also consider the small - probability but high - impact events. For example, a single virus mutation can lead to a global pandemic which was not really considered a major risk in the past in terms of its global impact scale.

We can learn that unexpected events, like the discovery of black swans when people only expected white swans, can have a huge impact. It shows that our assumptions are not always reliable and we should be prepared for the unexpected in life.

We can learn that unexpected events (like the discovery of black swans when people thought all swans were white) can have a huge impact. It teaches us to be aware of our assumptions and that the world is full of surprises.

Yes. There's a story where in a ballet performance, the white swan is the main character at first. She glides across the stage with elegance, her white tutu fluttering like the wings of a real swan. But then, the black swan makes her entrance. She challenges the white swan's presence. The dancers who play these roles need to show different emotions. The white swan is all about love and hope, while the black swan can be seen as a symbol of the dark side, perhaps jealousy or a different kind of passion.