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Luca Dellanna on Risk, Ruin, and Ergodicity

EconTalk

CHAPTER

Navigating Risk and Ethical Responsibilities

This chapter explores the intricate nature of risk management, advocating for a long-term sustainability approach instead of short-term gains. It highlights how decision-making is influenced by the length of tenure in roles and addresses the ethical implications of employee relationships within organizations. The discussion also delves into the risks associated with artificial intelligence and pandemics, emphasizing the need for a safety culture and the importance of learning from near misses to mitigate future threats.

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