3 ms·
When you calculate risk/reward to efficiently allocate resources, you have to effectively estimate probabilities of both. Yes some predictions are dire but if
by allovernow 7y ago
When you calculate risk/reward to efficiently allocate resources, you have to effectively estimate probabilities of both.
Yes some predictions are dire but if they have a one in a million chance of happening (for example) then it doesn't make sense to divert funds that could be better spent on more certain problems.