We human beings are terrible at risk analysis if we let our sub-conscious mind do it. Take the example of public speaking. Most of us are terrified that we’ll make a fool of ourselves except what really makes a bad impression on stage is being nervous. If we are able to ignore our sub-conscious mind’s flawed risk analysis and instead consciously analyse the risk of the critical situations we find ourselves in then we should be able to come up with better approximations to the real world.
Consciously Analysing Risk
Posted on by Akshat Rathi
Published by Akshat Rathi
Akshat Rathi is a senior reporter for Bloomberg News. He has previously worked at Quartz, The Economist and The Conversation. His writing has appeared in Nature, The Guardian and The Hindu. He has a PhD in chemistry from Oxford University and a BTech in chemical engineering from the Institute of Chemical Technology, Mumbai. View all posts by Akshat Rathi