Epistemic Risk
Epistemology is the study of knowledge. Epistemology is a layer which governs how we distinguish between raw inputs (data), structured meaning (information), and actionable knowledge. Imagine "data", "information", and "knowledge" in terms of building a house. Bricks, 2 by 4s, cement, rebar; that is the level of "data". The raw materials used to build a house. "Unprocessed". Walls, doors, windows, roof, floor; that is the level of "information". Information is like the bricks, 2 by 4s, and cement arranged into the structures that make up the house. "Processed bricks, 2 by 4s, and cement." House, a structure made up of walls, doors, windows, roof, and floor that you can live in. The house is made of walls, doors, windows, a roof, and a floor which makes it something you might be able to live in. "Completed structure." Blueprints, inspection process, building code; that is the epistemology. Epistemology...