Resilience, timing, adaptation - these are the three pillars upon which the emergent properties of interacting systems rest. When the systems are the economy and the environment, understanding of the relationships among these concepts is crucial. This volume does a better job of explaining how to manage both money and nature to ensure humanity's long-term future than any other work I know of. Read and reflect.
John L. CastiOnce the reality sets in of a superhuman intelligence being in control of every aspect of the infrastructures we rely upon for everyday life, we will simply have to try to come to an accommodation with that entity.
John L. CastiI don't think the emergence of a superhuman intelligence would be at all catastrophic but much more likely to be beneficial - just as long as we don't start trying to interfere with it!
John L. CastiThe world is awash in more debt than there is money enough in the world to liquidate it.
John L. CastiWhen the next big problem comes online, be it the Euro crisis, nuclear proliferation, an overstretched Internet, a killer flu, or any of the other possibilities I consider in X-Events, we will suffer a complexity overload.
John L. CastiFrom the 1990s onward, the financial sector created a vast array of instruments designed to separate investors from their money, financial derivatives of an ever-increasing level of complexity. At some point, this complexity reached a point where even the creators of the derivatives themselves didn't understand them.
John L. Casti