Relation between chance discovery and Black Swan awareness

Authors:
Akinori Abe
Affiliations:
NTT Communication Science Laboratories, Atsugi-shi, Kanagawa, Japan
Venue:
KES'11 Proceedings of the 15th international conference on Knowledge-based and intelligent information and engineering systems - Volume Part II
Year:
2011

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Abstract

We have been researching for chance discovery more than 10 years. The aim of chance discovery is discover something, but chance discovery is rather different from data mining. In 2007 Taleb introduced a concept "Black Swan." Taleb uses this rare black swan metaphor to explain how usual person tend to ignore rare or novel events and the importance of being aware of such rare or novel events. The main concept of Black Swan seems coincide with that of chance discovery. Thus, in this paper, I compare a chance with Black Swan and present the future feather of chance discovery.