quote:

Originally posted by occrider It's interesting, but that concept alone doesn't quite stand up to detailed scrutinity. What the videography is essentially stating is that because the "fatty" tail of the negative occurrence significantly outweighs the "slim" tail of the positive then that alone dictates what action we should take. The fatty tails I don't disagree with. However, much like any other business decision, you need to do an analysis to determine the frequency AND severity of both scenarios. It's simply foolish to budget infinite resources for low probability events.

Exactly and the "you only get one chance at this" oh come on. Just think about those people who have a near death experience and are therefore more cautious in life(so it turns out terribly). Do you want the world to be like that?

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