This podcast episode features Chuck Watson, a risk expert who articulates the complexities of risk in our interconnected world, illustrating how lower probability events can manifest into significant consequences, especially in the context of nuclear strategy and climate change. He emphasizes the critical notion of risk homeostasis, wherein our perceptions can lead to complacency regarding catastrophic risks, and calls for improved governance structures that can effectively address these intricate challenges. By examining the limitations of current systems, the potential dangers of shifting nuclear strategies, and the essential need for a nonpartisan body to assess risks, the episode serves as a clarion call for informed skepticism and collaborative understanding in navigating the complexities of modern governance.