Chance News 45: Difference between revisions

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Even mathematics loses touch with any notion of truth once it steps into the real world. Last May, the director of the Max Planck Institute for Mathematics in Germany, warned that financial systems were operating in dangerous territory because traders were transferring their naive notions of the truth of mathematics on to the "black box" models used to predict and control trading. A few months later, we all found out just how dangerous that territory was.<blockquote>
Even mathematics loses touch with any notion of truth once it steps into the real world. Last May, the director of the Max Planck Institute for Mathematics in Germany, warned that financial systems were operating in dangerous territory because traders were transferring their naive notions of the truth of mathematics on to the "black box" models used to predict and control trading. A few months later, we all found out just how dangerous that territory was.<blockquote>


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[http://www.guardian.co.uk/commentisfree/2009/jan/24/science-cern-particle-collider The Guardian]<br>  
[http://www.guardian.co.uk/commentisfree/2009/jan/24/science-cern-particle-collider The Guardian]<br>  
Saturday 24 January 2009<br>
Saturday 24 January 2009<br>

Revision as of 19:22, 16 February 2009

Quotations

Science is not the arbiter of truth. All it can do is offer opinions about the answers to certain questions that we ask of nature. And it reserves the right to revise those opinions in the light of future discoveries.

Even mathematics loses touch with any notion of truth once it steps into the real world. Last May, the director of the Max Planck Institute for Mathematics in Germany, warned that financial systems were operating in dangerous territory because traders were transferring their naive notions of the truth of mathematics on to the "black box" models used to predict and control trading. A few months later, we all found out just how dangerous that territory was.


The Guardian
Saturday 24 January 2009

Michael Brooks


Submitted by Laurie Snell

Forsooths

College Kids and Monkeys About Equal on Math

Robert Preidt
MSN Health & Fitness headline


Submitted by Paul Alper


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