Risk Management

Risk management, encompassing the identification, assessment, and mitigation of potential harms, is a crucial area of research across diverse fields. Current efforts focus on developing robust methods for quantifying and controlling risk, particularly in high-stakes domains like AI, autonomous systems, and healthcare, employing techniques such as Bayesian networks, conformal prediction, and risk-aware reinforcement learning algorithms. These advancements aim to improve the safety and reliability of complex systems, leading to more trustworthy AI, safer medical devices, and more efficient resource allocation in various industries. The ultimate goal is to create frameworks that enable proactive risk mitigation, balancing performance with safety and ethical considerations.