The IYI is:
- Highly educated (often with advanced degrees),
- Often holds influential positions (think think tanks, university panels, editorial boards),
- Speaks in complex jargon,
- But lacks real-world wisdom or practical sense.
According to Taleb, the IYI:
- Believes in top-down solutions and central planning,
- Is detached from the consequences of their advice (they don’t “have skin in the game”),
- Can’t survive outside a protected environment,
- Dismisses traditional knowledge or the instincts of less-credentialed people.