Uncertainty implies a range of possible outcomes.
Outcomes with different options, choices, solutions, opportunities, innovations and maybe, just maybe risk.
Just because something is uncertain, it doesn’t mean it’s ‘risky.’ It just means that you don’t know about it in advance.
It’s the fear of the unknown that makes us relate uncertainty to risk. It makes us believe that anything that we don’t know, can’t quantify and can’t control, is a threat.
Consider moving to a new city or a country for your job or studies. There are a lot of unknowns. But it isn’t really a risky move.
Or, low confidence weather forecasts. They have high levels of uncertainty, that doesn’t necessarily translate to risk.
Once we understand the difference between uncertainty and risk, it’s easier to address them separately.