Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so...
I should have liked to be asked to say what I knew. They always tried to ask what I did not know. When I would have willingly displayed my knowledge, they sought to expose my ignorance. This sort of treatment had only one result: I did not do well in examinations
The endless cycle of idea and action, Endless invention, endless experiment, Brings knowledge of motion, but not of stillness; Knowledge of speech, but not of silence; Knowledge of words, and ignorance of the Word. All our knowledge brings us nearer to our ignorance, All our ignorance brings us nearer to death, But nearness to death no nearer to God. Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information? The cycles of Heaven in twenty centuries Bring us farther from God and nearer to the Dust.
It is thus that the generality of mankind, whose lot is ignorance, attributes to the Divinity, not only the unusual effects which strike them, but moreover the most simple events, of which the causes are the most simple to understand by whomever is able to study them. In a word, man has always respected unknown causes, surprising effects that his ignorance kept him from unraveling. It was on this debris of nature that man raised the imaginary colossus of the Divinity.
Unfortunately, 19th-century scientists were just as ready to jump to the conclusion that any guess about nature was an obvious fact, as were 17th-century sectarians to jump to the conclusion that any guess about Scripture was the obvious explanation . . . . and this clumsy collision of two very impatient forms of ignorance was known as the quarrel of Science and Religion.
Man, surrounded by facts, permitting himself no surprise, no intuitive flash, no great hypothesis, no risk, is in a locked cell. Ignorance cannot seal the mind and imagination more securely.