Black swan event

A Black Swan event is an unexpected, highly impactful occurrence that is difficult to predict beforehand and often surprises people. These events conflict with existing beliefs and assumptions, making them seem almost impossible until they happen. Examples include major financial crashes or groundbreaking technological breakthroughs. Because of their surprise nature and profound consequences, Black Swan events can significantly alter markets, societies, or industries, emphasizing the importance of resilience and adaptable thinking in facing the unknown.