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A Bank in a Nutshell

Businesses rely heavily on information and data. Many businesses actually store data. Some businesses use this data to derive statistics and models which are then used in an attempt to make the business more profitable, more efficient and streamlined. In other cases, models are used to produce forecasts, improve resource allocation, perform scenario analysis or…

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Isn’t Everything a ‘Complex System’?

What distinguishes a theory from a conjecture? For example a characteristic constant (G, c, h, K, etc.) or a fundamental equation. The so-called today popular ‘complexity theory’ has none. Most importantly, it lacks a measure of its most fundamental quantity – complexity. But worse than that. It lacks a definition of complexity too! Increasing complexity…

The Combined Array for Research in Millimeter-wave Astronomy (CARMA) is an astronomical instrument comprising 23 radio telescopes. These telescopes form an astronomical interferometer where all the signals are combined in a purpose-built computer (a correlator) to produce high-resolution astronomical images.

Complexity – A New Approach to SETI

The SETI – Search for Extra-Terrestrial Intelligence – is an initiative which has the objective of locating intelligent life in the Universe. Arrays of telescopes, such as the ATA, or large installations like the one in Arecibo, collect hundreds of terabytes of data every day, spanning a wide frequency band. Data typically has the aspect…

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The Principle of Ignorance

  The Principle of Ignorance is a ‘corollary’ of the Principle of Fragility, which states:   Complexity  X  Uncertainty  =  Fragility   This principle states that highly complex actions (or business models) lead to situations of fragility in uncertain environments (e.g. markets). For example, a highly articulated portfolio may result to be fragile in a…

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The F35 – Too Complex To Succeed

A recent article on the troubles and tribulations of the F 35 fighter claims that: “… this flying supercomputer …..is a cascading series of compromises that has produced an aircraft inadequate to meet any of its functions…” Critics claim that the  F 35 “can’t turn, can’t run, can’t climb”. While the issue of the true…