Showing posts with label Alliance for Natural Health. Show all posts
Showing posts with label Alliance for Natural Health. Show all posts

GMOs: respected analyst says they could destroy life on the planet

(Alliance for Natural Health) Nassim Nicholas Taleb is a scholar, statistician, Wall Street analyst and advisor, professor at New York University, and the bestselling author of Fooled by Randomness  and The Black Swan: The Impact of the Highly Improbable. He predicted the 2008 financial crisis by pointing out that commonly used risk models were wrong. (He was correct, and he became quite wealthy from the strategic financial decisions he made at that time.)

Now his analysis of our use of genetically modified organisms shows that GMOs could cause “an irreversible termination of life at some scale, which could be the planet.” Taleb and his two co-authors argue that calling the GMO approach “scientific” betrays “a very poor—indeed warped—understanding of probabilistic payoffs and risk management.”

Taleb believes GMOs fall squarely under the rule that we should always err on the side of caution if something is really dangerous. This is not just because of potential harm to the consumer, but because of systemic risk to the system, which in this case is the ecosystem that supports all life on the planet: