Frank Knight, an economist, formalised a distinction between risk and uncertainty in his 1921 book, Risk, Uncertainty, and Profit. In his classic book, Knight introduced a distinction between measurable uncertainty, which he called “risk,” and “true uncertainty,” which cannot “by any method be reduced to an objective, quantitatively determined probability.”
In today's digital era, easy access to information and constant connectivity through smartphones blurs the line between work and personal life. France's "right to disconnect" law aims to address this issue, but implementing similar laws in developing countries faces challenges. Research shows the impact of email on well-being and productivity, emphasizing the need for balance in digital work culture.
