Doing a bit of tweeting about technology with Berkeley i-School PhD student Sebastian Benthall, I got a rather gloomy shout-out from historian Nils Gilman:
The terms risk and uncertainty in the title of this chapter arise from a distinction that economists make between risky and uncertain situations, the former when probabilities of the outcomes in a situation are known (and not 0 or 1) and the latter when the probabilities are not well…