Radical Uncertainty

Radical uncertainty refers to situations where we cannot predict outcomes because we lack complete information or understanding about the variables involved. Unlike regular uncertainty, where we might have probabilities or past data to guide us, radical uncertainty means the future is unpredictable due to unknown factors or complex interactions. For example, predicting economic events, climate change impacts, or technological disruptions can be challenging because of the many variables at play. This concept emphasizes the limits of our knowledge and the importance of being adaptable and open to new information.