Risk Thinking

By Ron S Dembo,

Book cover of Risk Thinking: ...In an Uncertain World

Book description

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 –…

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Why read it?

1 author picked Risk Thinking as one of their favorite books. Why do they recommend it?

Another classic, which influenced my book. Ron is the founder of RiskThinking AI, which focuses on the financial effects of climate change.

His fascinating stories include one of the first fatalities from self-driving cars, when it struck a woman with a bicycle running to cross the road. Any human driver would have seen an uncertain image and slowed down, playing out a group of possible scenarios. But AI hasn’t learned that kind of humility.

Eventually, when it does, the machines and people will learn how to manage risk together, and that will lead to more courage. The best part of…

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