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"データの不足は不確実性の主要な原因であり、理論の不足ではない。"

Nassim Nicholas Taleb
Nassim Nicholas Taleb
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Quote meaning
When you think about it, the main idea here is pretty straightforward. What it's saying is that often, our biggest problem isn't that we don't have good explanations or theories about how things work—it's that we don't have enough information to back those theories up. It's like having a great map but not knowing where you are on it because you don't have a GPS signal.

Historically, this idea has come up in all kinds of fields, from science to business to personal life. Take something like weather forecasting, for instance. For centuries, people have had theories about how weather patterns form and move. But it wasn't until we had the technology to gather massive amounts of data from satellites, weather stations, and ocean buoys that those theories could really be put to the test and refined. Before that, predictions were a lot more hit-or-miss, not because the theories were necessarily wrong, but because there just wasn't enough data to make accurate predictions.

Okay, let's dive into a vivid, real-life example to bring this home. Imagine you're running a small business—say, a cozy little café. You have a theory that offering a new type of pastry will boost your sales. But without data, like customer feedback or sales numbers, you're flying blind. Maybe you go ahead and introduce this fantastic new pastry, but because you didn't gather data first—like surveying your customers to see if they'd even be interested—it flops. Now you’re left with wasted ingredients and a dent in your budget. On the other hand, if you had collected enough data beforehand, you'd have a much clearer picture of whether your theory was worth testing.

So how do you apply this wisdom in your own life? Start by recognizing when you're making decisions based on assumptions rather than data. Whenever you come up with a new idea or theory, ask yourself: Do I have enough information to support this? If not, make it a priority to gather that data. This could mean doing research, collecting feedback, or even running small experiments to test your theory before you fully commit to it.

Imagine you’re planning a vacation. You’ve got this grand theory that visiting a particular city will make for the perfect trip because you've heard great things about it. But what if you only heard glowing reviews from a couple of people with very different tastes than yours? You might get there and find it’s not what you expected. Instead, gather more data—read reviews from various sources, check out travel blogs, maybe even connect with people who have similar interests for their opinions. The more information you have, the less uncertainty you face.

In short, the next time you find yourself uncertain about something, think about whether it's because you're lacking a solid theory or just lacking the data needed to validate it. More often than not, it's the latter. So, get out there and start gathering information. It’ll make your theories stronger and your decisions smarter. And remember, in this data-driven age, information is power—don’t underestimate the value of gathering it.
Related tags
Analysis Data Evidence Information Knowledge Research Science Statistics Theory Uncertainty
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