i interviewed gregg page as the former as of cargill and hes. He accepts the that there may be some rest but hee, as you would argue, doesn't think much about ruin. So his view, and i think the view of many people in the industry, and certainly many scientists, they would say, well, luck. People are eating these new tomatoes that have, say, the gean, a fish in it, or whatever has been done to it, and they're not dying. And it's hard to understand why you would be worried about the fact that this can be, say, a mass extinction of human beings from eating a giamo modified tomato
Nassim Nicholas Taleb, author of Antifragile, Black Swan, and Fooled by Randomness, talks with EconTalk host Russ Roberts about a recent co-authored paper on the risks of genetically modified organisms (GMOs) and the use of the Precautionary Principle. Taleb contrasts harm with ruin and explains how the differences imply different rules of behavior when dealing with the risk of each. Taleb argues that when considering the riskiness of GMOs, the right understanding of statistics is more valuable than expertise in biology or genetics. The central issue that pervades the conversation is how to cope with a small non-negligible risk of catastrophe.