3 ms·
I can think of three scenarios in which "risk taking" occurs : First wherever wealth is accumulated in such excremental proportions that risk itself is no long
by disintegore 4y ago
I can think of three scenarios in which "risk taking" occurs :
First wherever wealth is accumulated in such excremental proportions that risk itself is no longer (as much of) a factor (eg FAANG-tier companies, ultrarich investors)
Second wherever the need for/value of solutions is judged too high for their development to be contingent on the existence of a viable business model (eg public sector, academia)
Third wherever normally risk-averse people misjudge the risks
It's hard to think of anything else in this mode of production. Innovation is stymied by the threat of precarity, which looms over the vast majority of people. The others must operate either on prudence and sheer volume, or "luck"