[HN Gopher] The world should think better about catastrophic and...
       ___________________________________________________________________
        
       The world should think better about catastrophic and existential
       risks
        
       Author : prostoalex
       Score  : 65 points
       Date   : 2020-06-30 02:30 UTC (20 hours ago)
        
 (HTM) web link (www.economist.com)
 (TXT) w3m dump (www.economist.com)
        
       | williesleg wrote:
       | Oh can't wait to hear all the experts here!
        
       | jonmc12 wrote:
       | The recent conversation between Tom Bilyeu and Daniel
       | Schmachtenberger is a great primer on this topic. Tom inquires
       | about existential risk from a pragmatic, entrepreneurial point of
       | view.
       | 
       | This Economist article only scratches the surface of the risk of
       | accelerating technology development. Schmachtenberger provides a
       | framework for thought and much deeper insights in this direction.
       | 
       | https://impacttheory.libsyn.com/conversations-with-tom-danie...
        
       | naasking wrote:
       | There are unfortunately many existential risks:
       | 
       | * https://en.wikipedia.org/wiki/Global_catastrophic_risk
       | 
       | * https://www.existential-risk.org/
        
       | supernova87a wrote:
       | It's not a new idea, right? People are bad at valuing far-off
       | very-bad risks compared to inconsequential but tangible near-term
       | risks. And bad at valuing broadly distributed hardships versus
       | concentrated individual pain.
       | 
       | It's exactly why we can't solve climate change, right?
        
         | DavidSJ wrote:
         | It's one reason we've had trouble solving climate change (I
         | wouldn't go so far as to say we can't).
         | 
         | Two more reasons:
         | 
         | 1. It's a classic tragedy of the commons, where many actors, at
         | the individual, corporate, and national level, have incentives
         | to worsen the problem even if nearly everyone would benefit if
         | they all behaved differently.
         | 
         | 2. The climate is a complex system, so it's hard to educate the
         | public about how it works, and easy for bad faith actors or
         | pseudoscientific cranks to obfuscate the discussion.
        
           | fennecfoxen wrote:
           | 3. It is also easy for bad faith actors to exploit the
           | response for their own benefit, undermining the nascent
           | response directly, and undermining it indirectly by
           | undermining those who argue for change with integrity
        
       | colinmhayes wrote:
       | If you're interested in existential risks check out effective
       | altruism. It's a philanthropic movement whose idea is to maximize
       | the amount of good we can do with our resources. Much of the
       | research is focused on x-risks. I've come to the conclusion that
       | non-profit is the only sector that can tackle x-risks because
       | it's not profitable and there's no political will, which pretty
       | much leaves ea researchers as the only people looking at the
       | area.
        
       | jaakl wrote:
       | It is a bit syrreal to read about low probability/high impact
       | risks while we have a very high probability/catastrophic impact
       | event already started.
        
         | jefftk wrote:
         | What catastrophic impact event are you referring to? Covid-19?
         | Climate change?
         | 
         | Neither of those are existential risks: they're incredibly
         | unlikely to wipe us out. The kind of high impact risks the
         | article is about are much worse.
        
           | chickenpotpie wrote:
           | Uhhh, climate change will absolutely kill us all if we don't
           | do something.
        
       | bpodgursky wrote:
       | Ban AI
        
       | nutjob2 wrote:
       | "The world should think better about catastrophic and existential
       | risks"
       | 
       | "Plans and early-warning systems are always a good idea"
       | 
       | Yes, we know, but how do achieve anything when people are deep in
       | denial and reading conspiracy theories on Facebook is considered
       | "news"?
       | 
       | You have to consider that the current pandemic is relatively
       | tractable compared to the climate crisis, and we're failing
       | miserably even at that.
        
       | imafish wrote:
       | Cant read the article but +1 for title.
        
         | 9nGQluzmnq3M wrote:
         | http://archive.is/SH3EU
        
         | grapeape25 wrote:
         | You can read the full article if you disable JavaScript.
        
       | jkuria wrote:
       | Prior discussion here:
       | 
       | https://news.ycombinator.com/item?id=23659120
        
       | golemiprague wrote:
       | They can't even decide if we need to wear masks or not and
       | everything is politicised anyway, I still remember the reactions
       | when Trump tried to stop flights from China and Europe. So how
       | can we prepare for something we don't even know will happen and
       | how? Sometimes you just need to think while moving and
       | incorporating feedback as things happen.
        
       | [deleted]
        
         | spaetzleesser wrote:
         | I don't think world can prepare for nuclear war or pandemic
         | that's dealer than COVID-19. Our systems will break down and
         | hopefully people will figure out how to move forward.
        
       | alexfromapex wrote:
       | Governments should focus more on long-termism than short-termism
       | in general.
        
         | caiobegotti wrote:
         | For better or worse most politicians terms are "short" in that
         | sense so you get where this thinking come from.
        
       | dekhn wrote:
       | i have a mini-theory in which any group that allocates resources
       | to existential risks will operate at a disadvantage (in the short
       | term) to groups that do not, thus it's likely that anybody who
       | does this will lose to competitors (businesses, countries) that
       | do not.
       | 
       | FOr example, cloud providers who do not plan for meteor-based
       | regional outages (which occur rarely) believe they can home all
       | their data in a single region. This is much cheaper and will
       | allow the provider a better profit margin, and realistically, not
       | a lot of customers care about their data surviving a meteor
       | taking out US-EAST1.
        
         | digitallogic wrote:
         | You don't need to worry about a meteor taking out us-east-1
         | because us-east-1 will take itself out several times over
         | before a meteor ever shows up.
        
           | DavidSJ wrote:
           | Besides, if the meteor's big enough, it'll also take out your
           | customers.
        
         | simonh wrote:
         | This is a significant issue, any company that set aside
         | resources to protect against a pandemic after the Spanish Flu
         | would have been operating with increased costs for a full 100
         | years. Yet when the virus hit and companies struggled, I saw
         | plenty of comments saying these companies deserved to fail. I'm
         | all for capitalism and the benefits of market forces, but
         | that's ludicrous. I'm not saying they should all be bailed out
         | either, companies come and go to be honest, but what we do need
         | to do is ensure our vital interests and the infrastructure we
         | depend on is secure and that's going to take a pragmatic
         | approach.
         | 
         | The global cost of the virus is astronomical, but protecting
         | ourselves effectively against a new virus doesn't have to be
         | crippling. The same is true of many other credible risks the
         | article covers. Such preparations could even offer additional
         | useful benefits. It's just going to take vision and pragmatism
         | I'm not sure our political leaders have in them these days.
        
           | renewiltord wrote:
           | Doesn't appear to be a problem. Print money to accelerate out
           | of the quagmire seems sensible.
        
           | Forge36 wrote:
           | Setting aside money as "pandemic" is a problem. Setting aside
           | money for "emergency" helps reduce impact.
           | 
           | 1970 gas shortages 2000 dotcom bubble burst 2008 housing
           | crisis
        
           | Red_Leaves_Flyy wrote:
           | >...vital interests and the infrastructure we depend on is
           | secure and that's going to take a pragmatic approach.
           | 
           | I argue for letting these businesses fail, even if vital,
           | because, it seems, the powers that be have forgotten to take
           | care of them, regulate them, and not get captured by private
           | interests, for decades now. Infrastructure across the the
           | country is literally crumbling. Major dams have failed this
           | year. I fully expect to suffer much more before those with
           | the power to delegate resources where needed will find the
           | will too.
        
         | Forge36 wrote:
         | But they do care about power outages, hurricanes, tornadoes
         | (maybe not in US-EAST1), cut fiber lines
         | 
         | The probability any one very rare event is low. Preparing for
         | it helps mitigate risks for many other issues however.
        
         | colordrops wrote:
         | Elon musk is a counter example to your theory.
        
           | qqqwerty wrote:
           | Not quite. Elon's strategies involve finding product/market
           | fit in the short term for technologies that will be critical
           | in the long term. But the companies themselves are on a
           | knifes edge of survival. For example, if a meteor struck
           | tomorrow, neither Tesla or SpaceX would have any advantage
           | over their competitors. And if anything, because he runs his
           | companies so close to the edge, his companies are uniquely
           | susceptible to external catastrophic events.
        
         | [deleted]
        
       | uoflcards22 wrote:
       | Just read Nassim Nicholas Taleb's "The Black Swan" if you want
       | more thinking about this topic..
        
         | nemo44x wrote:
         | And even better his concept of building anti-fragile systems.
         | We can model things, predict things, etc - but in the end
         | everything is more complex than we can know so as to appear
         | random. We can't predict what will happen but we can build
         | systems that are anti-fragile, or robust at the minimum.
        
       ___________________________________________________________________
       (page generated 2020-06-30 23:00 UTC)