I wonder how many other rare disasters there are that cost only 300M to prepare for.
If it's just a couple, then sure, fund this one.
But if there are thousand of possible rare disasters - how can you possibly fund them all?
If it's just a couple, then sure, fund this one.
But if there are thousand of possible rare disasters - how can you possibly fund them all?
Of course, not all disasters are global and every country or region will have its own rare disasters to prepare for.
How much did covid-19 cost?
The solar flare risk (at ~1% per year [1]) seems much more likely than many of the other items there. Supervolcanos, pandemics, war, and AI also seem like salient risks, but we probably shouldn't worry about e.g. gamma ray bursts or asteroids.
[1] https://agupubs.onlinelibrary.wiley.com/doi/full/10.1029/201...