High-consequence risks have a distinctive quality. The…
“High-consequence risks have a distinctive quality. The more calamitous the hazards they involve, the less we have any real experience of what we risk: for if things 'go wrong', it is already too late.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Severe risks are hard to grasp because we lack direct experience; by the time they occur, it may be too late to act.
In simple terms: Big risks are hard to understand until they happen.
Key Takeaway
Plan for low‑probability, high‑impact events.
Themes
risk
uncertainty
preparation
Mood
cautious
reflective
Type
analytical
warning
When to use this quote
- project planning
- disaster response
- financial investing
- policy making
Key Concepts
sociology
systems theory
Questions to Reflect On
- What low‑probability risks affect your field?
- How can you balance vigilance with practicality?
A Different Perspective
Over‑preparation can waste resources.