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A Conversation on the Impact of the Improbable On the T3 Podcast, Abdulbaki Zambakoğlu and Kerem Yurtalan discuss Nassim Nicholas Taleb’s book The Black Swan, which examines the impact of the improbable—that is, how unexpected events shape the world. The Black Swan Concept and Its Three Key Properties According to Taleb, a Black Swan is an event that occurs outside the realm of normal expectations, surprises observers, and has a major impact. The concept originates from the historical belief in