Results for “Niall Ferguson”

There's no question that Facebook could have done much, much more in the last few years to address the problem. I don't think we can inoculate people against crazy ideas, they will always have takers- but we can certainly improve the way that platforms like Facebook operate because they don't have any incentive at the moment to restrict the spread of harmful content.

We mustn't focus exclusively on this threat, and it tends to be the case that the global elite does. I was at Davos in January 2020 and climate change was the agenda – and the pandemic had already begun! It was quite difficult to persuade people that there might be a nearer-term threat facing us than climate change.

Those cycles don't exist – that's not what history is like. Disasters keep coming along at random intervals, they are not normally distributed... That's hard for our brains to deal with… we don't like the idea that history is just a lot of random shocks without any predictable features.

The story of modernity is a story of scientific advance – but in reality, with every step forward, we're taking half a step backward in terms of making ourselves more fragile.

We've built two great contagion machines. Firstly, international travel which has enabled vast numbers of people to fly over great distances. Secondly, the internet – and in particular, the way the internet has evolved... it became a machine for disseminating contagious ideas.

Today's civilisation is more fragile as a result of its complexity. We've created an astonishingly networked world in which we communicate and travel in ways which were unimaginable for most of human history... but at the same time, we have made ourselves more vulnerable to certain kinds of disaster, and even invented new forms of disaster that didn't' exist before.

Whether it's real-life viruses, or dangerous ideas, they tend to be spread by super spreaders. We know that 20% of infected people do 80% of the spreading of COVID-19. We also know that on Facebook, there is a relatively identifiable cohort of super spreaders of disinformation and misinformation.

Disasters keep coming along at random intervals, they are not normally distributed. They either come randomly (in the case of war) or they are governed by power-laws (pandemics and earthquakes). That's hard for our brains to deal with… we don't like the idea that history is just a lot of random shocks without any predictable features.