Is There a Divide Between Risk and Uncertainty?

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Is there' a divide between risk and uncertainty. Risk o stuff that you can qualify, and uncertainty is what you cannot qualify. And we all have insurance. You go over to natural disasters, or some of these, ah ind of to political disasters like war and the ukraine andn there's no way to predict this. Obviously, russia could have invaded ukraine any time in the last decade. Arguably, they could also have not invaded this year. They could have gone next year, could ave been ten years from now. We see the same sort of question around china and tiwan. There's always seems this fear that it's going to happen

“Securities” podcast host Danny Crichton and producer Chris Gates talk about the last two weeks of “Securities” newsletters. The first, from July 9th called “Dissonant Loops”, discussed the chaos and crises plaguing the world today and why our state capacity to respond to them is so limited. The second, from July 16th entitled “Scientific Sublime”, was a palette cleanser of sorts focused on the human achievement of the James Webb Space Telescope and how this accomplishment can be shared by everyone on Earth. We’ve got the lows and the highs, and then we talk about a few of the top Lux Recommends selections from the two issues, including: “Postcards from A World on Fire” from The New York Times last year showing the scale and diversity of climate devastation IEEE’s overview of the daunting data challenges that come from transmitting those gorgeous images to Earth CLIPasso, a Best Paper awardee at SIGGRAPH 2022, which uses machine learning to abstract complex photography into simpler sketches “Building an Open Representation for Biological Protocols” Daniel Oberhaus’s book Extraterrestrial Languages, which asks two provocative questions, “If we send a message into space, will extraterrestrial beings receive it? Will they understand?” Finally, Kit Wilson’s analysis in The New Atlantis on “Reading Ourselves to Death”