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If I might offer a nuanced take? Risk-aversion and risk-friendliness are tools. They solve specific problems. They have to be judged by how well they solve the
by Kalium 4y ago
If I might offer a nuanced take? Risk-aversion and risk-friendliness are tools. They solve specific problems. They have to be judged by how well they solve the problem at hand, or else you wind up judging a drill by its ability to hold a joint in place.
Being risk-averse is, perhaps, exceptionally valuable when you are concerned with fine-tuning production of hellishly expensive factories producing precision-engineered physical goods. Tolerances are tight and error is the enemy because the cost is so high.
Risk-friendliness, on the other hand, addresses a different problem. When new things can be made quickly, iterated rapidly, and each round is cheap? You can prioritize avoiding failure, but you can afford to fail.
These categories map pretty well to manufacturing and software, respectively.