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I agree, and my reply was also unnecessarily flippant. Historically speaking, we don't have a good tack record of assessing infrequent but catastrophic risk ve
by Swizec 10y ago
I agree, and my reply was also unnecessarily flippant.
Historically speaking, we don't have a good tack record of assessing infrequent but catastrophic risk versus consistent but small reward. As a society we tend to consistently choose the latter. Then try to retroactively reduce probability of catastrophic failure.