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Glossary

Terms3 shown

Positive Black SwanAn event with an extreme positive outcome, such as a disruptive technological breakthrough, that standard forecasting methods are also likely to underestimate.
Negative Black SwanA rare, extreme event that disrupts stability and causes catastrophic consequences.
Black Swan EventAn exceptionally rare and hard-to-predict event beyond normal expectations that has extreme consequences and is often explained afterward as though it had been foreseeable.

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Definition

Positive Black Swan

An event with an extreme positive outcome, such as a disruptive technological breakthrough, that standard forecasting methods are also likely to underestimate.

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