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Description of  On the Edge: The Art of Risking Everything

1594204128 epub Engaging and entertaining a glimpse of the economy of the future. Tim Wu, New York Times Book Review From the New York Times bestselling author of The Signal and the Noise,the definitive guide to our era of riskand the players raising the stakes In the bestselling The Signal and the Noise, Nate Silver showed how forecasting would define the age of Big Data. Now, in this timely and riveting new book, Silver investigates the River, the community of like-minded people whose mastery of risk allows them to shapeand dominateso much of modern life. These professional risk-takerspoker players and hedge fund managers, crypto true believers and blue-chip art collectorscan teach us much about navigating the uncertainty of the twenty-first century. By immersing himself in the worlds of Doyle Brunson, Peter Thiel, Sam Bankman-Fried, Sam Altman, and many others, Silver offers insight into a range of issues that affect us all, from the frontiers of finance to the future of AI. Most of us dont have traits commonly found in the River: high tolerance for risk, appreciation of uncertainty, affinity for numberspaired with an instinctive distrust of conventional wisdom and a competitive drive so intense it can border on irrational. For those in the River, complexity is baked in, and the work is how to navigate it. People in the River have increasing amounts of wealth and power in our society, and understanding their mindsetand the flaws in their thinking is key to understanding what drives technology and the global economy today. Taking us behind the scenes from casinos to venture capital firms, and from the FTX inner sanctum to meetings of the effective altruism movement, Read more