Day August 15, 2007

Black swans and the credit crisis

From the book A Black Swan is a highly improbable event with three principal characteristics: it is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random and more predictable…

Wireless bridge monitoring

New York will be installing sensors in bridge infrastructure. They will report back to a base station that can then can notify inspectors if a problem is detected. And, being wireless, it works 24 It this pilot program proves successful,…