Thus Peirce conjectured that the world was not only ruled by the strict Newtonian laws, but that it was also at the same time ruled by laws of chance, or of randomness, or of disorder: by laws of statistical probability. This made the world an interlocking system of clouds and clocks, so that even the best clock would, in its molecular structure, show some degree of cloudiness. So far as I know Peirce was the first post-Newtonian physicist and philosopher who thus dared to adopt the view that to some degree all clocks are clouds; or in other words, that only clouds exist, though clouds of very different degrees of cloudiness.
Karl Popper, Of Clouds and Clocks
When we hear you can make decisions in the presence of uncertainty without estimating the impact of those decisions - It Simply Ain't True, no matter how loudly and repeatedly the #Noestimates advocates shout that you can and berate any who question the fallacy that you can.
There is No Principles by which decisions can be made in the presence of uncertainty without estimating the impact of those decisions
