The concept of existential risk

Abstract

Existential risks are those that threaten the entire future of humanity. Many theories of value imply that even relatively small reductions in net existential risk have enormous expected value. Despite their importance, issues surrounding human‐extinction risks and related hazards remain poorly understood. This paper elaborates the concept of existential risk and its relation to basic issues in axiology and develops an improved classification scheme for such risks. It also describes some of the theoretical and practical challenges posed by various existential risks and suggests a new way of thinking about the ideal of sustainability.