I've been wondering for a long time whether the just-in-time nature of modern economies created large-scale rapid failure modes in which a shock that pushed the system sufficiently far out of its envelope of resilience would trigger a catastrophic breakdown. I've called this kind of thing a "death-star vulnerability" in which if something hit civilization in just the right way in the most vulnerable place, the whole thing might blow. I first became interested in this in the context of cyber-attacks, but I've never seen any way to get any kind of intellectually defensible handle on the problem of understanding the existence, nature, and tractability of that kind of vulnerability.
At any rate, and at some risk of sounding ghoulishly detached, Hurricane Sandy is creating a pretty interesting natural experiment that is illuminating some of the issues. The hurricane hit land on Monday evening, and by Thursday the entire region is close to out of gas:
Showing posts with label just-in-time. Show all posts
Showing posts with label just-in-time. Show all posts
Friday, November 2, 2012
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