Risk: Things that Cannot be Modelled Should not be Modelled
Friday, 26 March, 2010 Leave a comment
Ludwig Wittgenstein sustained that “what cannot be debated should not be debated”.
Ontonix say that what cannot be modelled should not be modelled. Otherwise one faces making massive investments with no tangible return. Based on our current understanding of physics and using our contemporary mathematics certain things are “impossible to model”.
Our (Ontonix) approach “flies in the face” of conventional wisdom but a host of high profile supporters are already advocating a shift of focus AWAY from risk modelling – using incomplete data to try to predict the future.
Ontonix are the first company to offer a model free means of Quantitative complexity analysis and management.