Difference between revisions of "If you can manage a risk entirely by algorithm, you have eliminated it"

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Courtesy of the syllogism beginning "{{maxim|A risk you have eliminated is not a risk}}" this is less of a good thing than it sounds.  
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Courtesy of the syllogism beginning {{maxim|A risk you have eliminated is not a risk}}, this is less of a good thing than it sounds. A risk you have eliminated has no value, and your compliance cost in monitoring it is wasted. Unless you have only eliminated it ''because'' you are monitoring it — [[Schrodinger]], hello! — in which case well played, madam: you have just bought yourself a compliance cost for nothing.
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{{maxim|If you can manage a risk entirely by algorithm, you have eliminated it}}<br>
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{{maxim|A risk you have eliminated is not a risk}}<br>
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{{maxim|Without risk, there is no return}}<br>
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{{sa}}
 
{{sa}}
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*[[Algorithm]]
 
*[[Risk]]
 
*[[Risk]]
 
*{{risk|Risk}} analysis from our risk series  
 
*{{risk|Risk}} analysis from our risk series  
 
*[[Rumours of our demise are greatly exaggerated - technology article|Rumours of our demise are greatly exaggerated]]
 
*[[Rumours of our demise are greatly exaggerated - technology article|Rumours of our demise are greatly exaggerated]]
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{{c|Maxim}}

Latest revision as of 10:09, 9 September 2019

Courtesy of the syllogism beginning A risk you have eliminated is not a risk, this is less of a good thing than it sounds. A risk you have eliminated has no value, and your compliance cost in monitoring it is wasted. Unless you have only eliminated it because you are monitoring it — Schrodinger, hello! — in which case well played, madam: you have just bought yourself a compliance cost for nothing.

If you can manage a risk entirely by algorithm, you have eliminated it
A risk you have eliminated is not a risk
Without risk, there is no return


See also