Risk Thinking: ...In an Uncertain World

Our age of radical uncertainty requires a new way of assessing risk that pays more attention to the extreme outliers that too often become tomorrow’s reality.

Today’s models cannot cope with the frightening new unpredictable risks we face every day that frequently seem to come out of left field – the effects of climate change, a killer pandemic, a cascading wildfire, a financial crisis triggered by faceless algorithms, or a devastating cyber-attack that shuts down the electric power grid.

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