Crack open a history book or read a brief history.
The product is risk pooling
a strategy where individuals, businesses, or governments combine their risks into a large group to share the financial burden of unexpected losses, making costs more predictable and manageable.
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usability
we can’t quote the text without pointless bullshit like retyping it or OCR
Crack open a history book or read a brief history. The product is risk pooling
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Images of text break much that text alternatives do not. Losses due to image of text lacking alternative such as link:
Contrary to age & humble appearance, text is an advanced technology that provides all these capabilities absent from images.
What if, instead of lots of little risk pools, we had one really big risk pool, with the whole country in it? That would reduce the risk even further.
Yes. And the best possible product for all is one pool. I.e. universal care.