When it comes to high-impact events, there is another…

When it comes to high-impact events, there is another force that could hurt us: it is also easy to underestimate the possibility and potential severity of high-stakes events. We may be aware of their importance, but we may believe they are less likely or less severe than they really are.

— from The Flight Plan (Purpose/Wisdom/Risk) · Practical Uncertainty: Useful Ideas in Decision-Making, Risk, Randomness, and AI by Hossei

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