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Stephen Davies - What Is Global Catastrophic Risk?

The Curious Task

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Is There a Lack of Economists in the Discussion?

There are always some things that may happen that we don't know about, by definition. They are events which have no precedent to guide us and therefore they are totally unexpected. Once they do happen, we turn to think old i this was going to happen wis bantan. But actually, until they happen, we've no idea what they are. The discount rate is such that anything more than ten and 15 years in the future has value of zero. And that also means that risks don't need to be worried about itself. Let the future take care of itself. That's extraordinarily short sighted.

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