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This is why we need grumpy assholes like @nntaleb. When people *still* don’t understand tail risk while we are living through a tail risk event

🤦‍♀️
medium.com/six-four-six-n…
For the people still not getting it:

Combine pandemic with—

-virus mutating
-terrorist attack
-natural disaster

And your society is on the brink of total collapse. If you’re living through a tail risk event you want to minimise *further risk*

Not rocket science.
The article actually says each person "has a low probability of catching COVID-19"

WTF? Do people not actually understand what a pandemic is? It doesn't stop until it is ENDEMIC.

When a novel virus emerges nobody is immune. Where the f--- does this "low probability" come from?
There are also basic factual inaccuracies, e.g “it doesn’t severely affect the young.” Disappointing to see so many US journalists share misinformation.
But what is most absurd is that it is an article about why we shouldn’t instigate lockdowns in Western countries using the example of the virus receding in China—where they used massive lockdowns. 🤦‍♀️
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