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The Risk Episode: Black Swans, Grey Rhinos, Angels & Demons
8th Layer Insights
Cognitive Bias and Risk Modeling
Risk enters the picture when we are overwhelmed by complexity. New risks can be created when we try to stream line and remove complexity. We could spend ages talking about how cognitive bias influences our individual and collective risk profile s. But i'm working on a future episode that takes a deep dive into cognitive bias. So for now, let's just stick with the simple statement that cognitive biases do influence our individual in collective wrisk profiles.
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