Photo: Brian Ralph
Gray Rhino = highly probable, high impact yet neglected threat: kin to both the elephant in the room and the improbable and unforeseeable black swan
Author Michele Wucker, a policy analyst who specializes in crises, calls them “gray rhinos,” in contrast to the unimaginable “black swan” events. Most of the megathreats the world encounters—from pandemics to financial crashes—are more like a charging rhino: They’re dangerous, but can also be seen coming far in advance.
– Experts Knew a Pandemic Was Coming. Here’s What They’re Worried About Next – Politico