10 of the last 11 years, the world used more uranium than it mined. Gap was filled by stockpiles. Finite ones. Ran 20k simulations to 2050: 90% chance uranium tops $150/lb, only 10% chance it falls under $40.Not a shortage of uranium. A shortage of mines. https://t.co/aXJBML2qVu
@McKenzie_Int@Verisk Huge congrats to Verisk! Pre-event geospatial alerting is a massive win for managing physical disasters.
How do we price unprecedented, zero-data tail risks before they appear on a satellite map?
Legacy risk models love rounding to zero.
If a catastrophe has a 0.1% chance, they round down to make the math look clean. But in connected systems, that 0.1% bankrupts the company.
Stop rounding your survival to zero. Price the 1%.
#TailRisk#RiskTech
Legacy models call it a 1-in-1,000-year event right before it happens. Launch a novel tech (AI, space) and you get guesses, not math.
We are building Moluscca. We put defensible numbers on risks that don't have them yet.
Our site is officially live: https://t.co/fVjvJor8Et