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What is a Black Swan?
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Business, Information Technology (IT), Architecture
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12th Grade - University
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Hard
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The video explores Nassim Nicholas Taleb's concept of Black Swan events, which are unpredictable and have significant consequences. It explains the criteria for such events and their historical context. The video also discusses Grey and White Swans, highlighting the COVID-19 pandemic as a White Swan event. It emphasizes the importance of horizon scanning and preparedness to manage Black Swan events effectively.
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