Jim Rutt was the first CTO of Thomson Reuters and later CEO of Network Solutions. He has worked with the Santa Fe Institute since 2002 and hosts The Jim Rutt Show. We recorded days after Silicon Valley Bank failed, and asked him what complexity science says about risk.
Nested loops and myths
Jim describes nested OODA loops and clears up some myths about Boyd. He introduces Game B, his project for a different social operating system. We connect neuroscience to organizations and look at how technology, genetics and trauma affect decisions.
Complexity in business
Jim brings the Santa Fe Institute view of complexity and explains how to apply it in business. We cover fifth-generation warfare, John Robb’s swarm idea, ChatGPT, the strategic game and the Westphalian system.
Reading the signals
Jim walks through the signals of change and managing risk in complex systems. He analyzes the Silicon Valley Bank failure and shares thoughts on trend following, Taleb’s Antifragile and Mandelbrot’s Misbehavior of Markets. We close on AI, complexity and the danger of polarization.
This episode is not investment advice.
Nested loops mean orientation runs at every level of a system, from a person to a bank.
Which signal of change in your market are you most tempted to ignore?
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Written by Ponch Rivera with AI assistance in production. The full conversation is in the player below.