We create virtual worlds, which set the stage to examine multiple potential outcomes within multiple worlds. These worlds are called Regimes, and they serve as foundations upon which a variety of risk factors can be considered, Scenarios can be algorithmically generated, Climate Stress Tests may be run, a Climate Risk Score can be calculated and financial risks can be measured.
The Scenarios define the potential impacts a chosen pathway will have. The output of our scenario generation engine provides decision makers with a series of scenarios along with their impacts – both positive and negative. This information gives them a way to understand the risks and benefits associated with the chosen regime.
Riskthinking.AI combines machine learning algorithms, natural language processing models, structured expert judgement and big data analytics to create our virtual worlds to investigate the radical uncertainties inherent in the real world.