Illustrative: layers of units and their weighted connections, an activation front sweeping from input to output

Risk Academy, led by the Nexus Consortium · Risk Science and Methods · Department of Quantitative Risk Analysis

Learning from data without hiding the error

AI and machine learning for risk analysis

Machine learning entered risk analysis through its methods, not its headlines: emulators that stand in for slow hazard and catastrophe models, classifiers of damage from imagery, anomaly detectors on sensor streams and foundation models trained on satellite archives.

01Scope

What the discipline covers

The subtopics its courses and labs teach.

Courses
In preparation
Levels
In development
Labs
In development
  • Supervised learning for risk outcomes
  • Emulators and surrogates of physical and catastrophe models
  • Uncertainty quantification in machine learning
  • Conformal prediction and distribution-free coverage
  • Anomaly detection and change detection
  • Geospatial foundation models and satellite embeddings
  • Causal inference and machine learning
  • Validation, drift monitoring and model risk for machine learning
  • Fairness and bias in risk models
02Maps

Build a twin of any place

Search any place or open the world; the layers and generators follow aI and machine learning for risk analysis on the planet map, the globe and in 3D.

The central Apennines: L'Aquila, Amatrice and Norcia: a flat plan of the faculty twin. Terrain 24 to 2,805 m; 3 reference earthquakes, M6.2 to M6.6; Earthquakes M4.5 and above, past week: read live when the 3D twin opens; USGS ShakeMap intensity contours: read live when the 3D twin opens. Contours every 500 metres from the elevation grid; reference earthquakes as marks.
The central Apennines: L'Aquila, Amatrice and Norcia, Italy. Flat plan of the same data: relief, the three reference epicentres with magnitude and depth, and the numbers below; the sampler's figure shows one precomputed field with its parameters. The 3D twin opens on devices that can draw it, once its data and code have been checked.
  • Terrain 24 to 2,805 m
  • 3 reference earthquakes, M6.2 to M6.6
  • Earthquakes M4.5 and above, past week: read live when the 3D twin opens
  • USGS ShakeMap intensity contours: read live when the 3D twin opens
Credits and dates per layer are listed under the stage. Relief in the twin is exaggerated ×1.5 for legibility.

Drag to move, right drag or Shift with a drag to turn and tilt, Ctrl with the wheel to zoom. Keyboard: arrows move, Shift with arrows turn and tilt, + and – zoom, 0 resets, V steps through the views, Escape clears.

Flat plan of the same data: relief, the three reference epicentres with magnitude and depth, and the numbers below; the sampler's figure shows one precomputed field with its parameters. The 3D twin opens on devices that can draw it, once its data and code have been checked.

The boundaries, names and designations shown do not imply any judgement on the legal status of any territory, or any endorsement or acceptance of such boundaries. Countries: Natural Earth (public domain).

03Live map

Connected activity in South Africa

Night-time lights and population density, the footprint of electrified, connected activity, over South Africa.

The interactive map needs JavaScript; the layer list and sources are below.

Layers 2

Connected activity

Latest available

NASA GIBS / EOSDIS · ASTER GDEM (METI, NASA) · Blue Marble (NASA) · © OpenStreetMap contributors (ODbL) · Natural Earth

Loading the latest NASA imagery.

Drag to move. Ctrl or ⌘ and scroll, pinch or the buttons to zoom; hover for the values under the pointer; reset returns to the region.

Connected activity, framed on South Africa.Satellite and model products as NASA publishes them, each with its own date. They are indicators, not assessments of any place.

Data: NASA GIBS · ASTER GDEM · Blue Marble · © OpenStreetMap contributors · Natural Earth · NASA EONETSources and licences

  • We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • VIIRS Black Marble night-time lights, NASA Goddard Space Flight Center; distributed by the NASA Level-1 and Atmosphere Archive and Distribution System (LAADS DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • Center for International Earth Science Information Network (CIESIN), Columbia University. 2018. Gridded Population of the World, Version 4 (GPWv4): Population Density, Revision 11. NASA Socioeconomic Data and Applications Center (SEDAC). Licensed under CC BY 4.0. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). doi:10.7927/H49C6VHW. CC BY 4.0
  • VIIRS near-real-time products (flood, land surface temperature, snow cover, corrected reflectance), NASA LANCE; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • ASTER GDEM is a product of METI and NASA (ASTER Global Digital Elevation Model V003, NASA LP DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). Cite as: NASA/METI/AIST/Japan Spacesystems and U.S./Japan ASTER Science Team (2019). ASTER Global Digital Elevation Model V003. doi:10.5067/ASTER/ASTGTM.003. NASA open data
  • Made with Natural Earth. Free vector and raster map data @ naturalearthdata.com. Public domain
  • © OpenStreetMap contributors (ODbL), via NASA GIBS (coastlines, boundaries, roads and place names). Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). ODbL
  • Blue Marble, NASA Earth Observatory; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • Context on the globe and flat map: coastlines, boundaries, roads and place names from NASA GIBS reference layers (OpenStreetMap data, ODbL, © OpenStreetMap contributors); Blue Marble imagery as an optional base; 3D terrain and the elevation read-out from the ASTER GDEM elevation colour index (5 m to 200 m classes, exaggerated for legibility). Boundaries are drawn as published and imply no position on any territory.
  • Globe: MapLibre GL JS 6.9.1, BSD-3-Clause, © MapLibre contributors.
  • Live events: NASA Earth Observatory Natural Event Tracker (EONET); events are indicative and keep their original source links.
  • NASA GIBS: We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS).
  • Optional layers (3 sources in the layer list: live, forecast, observed and context) print their provider credit on the map and here when switched on; forecasts are model output and derived indices are estimates.

Layers and dates

  • Night-time lights, daily: VIIRS Black Marble (VNP46A2), NASA LAADS DAAC · 12 Oct 2026
  • Population density, 2020: Population: CIESIN, Columbia University, Gridded Population of the World v4.11 (2018), NASA SEDAC, CC BY 4.0 · static
  • True colour: VIIRS NOAA-20 corrected reflectance, NASA LANCE · 13 Oct 2026

04The subject

The subject, methods and measures and debates and bodies

The field and its scope

For risk analysts and data scientists who use or review machine learning in a risk estimate and need to know when its outputs can be trusted and how its errors propagate.

05The method

From a trained model to an interval with assured coverage: residuals, the conformal quantile and the coverage a user can count on

A learned model gives a point prediction with no promise attached; holding out a calibration set, ranking its residuals and taking a quantile wraps the prediction in an interval whose coverage is assured without any assumption about the model, and the size of the calibration set sets how tight that guarantee is.

Sources: Vovk, Gammerman and Shafer, Algorithmic Learning in a Random World (2005); Angelopoulos and Bates, Conformal prediction: a gentle introduction, Foundations and Trends in Machine Learning (2023); Guo, Pleiss, Sun and Weinberger, On calibration of modern neural networks, ICML (2017); Gama et al., A survey on concept drift adaptation, ACM Computing Surveys (2014); Rudin, Stop explaining black box machine learning models for high stakes decisions and use interpretable models instead, Nature Machine Intelligence (2019).

06At a glance

At a glance, hub and courses

AI and machine learning for risk analysis at a glance

risksacademy.comrisk-sciencediscipline

AI and machine learning for risk analysis: 0 primary courses open, 0 in preparation and 0 also taught here, across 9 subtopics. Courses: none yet.L1L2L3L420
AI and machine learning for risk analysis at a glance
  • Open, 0
  • In preparation, 0
  • Subtopics, 9
Course codes from the curriculum; study levels L1 to L4.
Twin builderBuild a twin of any placeWorked example: the central Apennines: L'Aquila, Amatrice and Norcia · 4 generators · 7 layers · 4 instruments
07Console

How AI and machine learning for risk analysis is taught, as a process you can run

Press Play to run this process from this page's own data.

08Learning

Achievements, where this is practised, practised in and across the ecosystem

Achievements in this discipline

  1. Course achievements

    One for each course with this as its primary discipline, earned when you pass the course's assessed activities.

  2. Department: Quantitative Risk Analysis

    Earn two discipline achievements in the Department of Quantitative Risk Analysis. In development.

An achievement is a record of the learning completed and assessed here. How recognition works.

09Take part

Take part in Risk Science and Methods

Start from who you are.

10References

Core references and where to begin

Start with Hastie, then Guo, then Angelopoulos.

11Questions

Questions, answers and key terms

Is study here free?
Yes. Every course and learning material of Risk Academy, led by the Nexus Consortium, is free to study, self-paced or with a cohort. Ordinary participation has no fee; paid work, internships and fellowships are separate arrangements.
What does completing a course give me?
A completion record: the course, its version, the date and what was assessed, private by default and shared by you. It stacks into discipline, department and programme achievements. A record states what was studied and assessed and does not certify competence; it is not a licence, a professional title or an employment status.
Where do the data and the places come from?
Every faculty teaches on a twin of a real place built from open data; each layer carries its provider, licence and date, and every result on the Academy states its source. Maps and figures are indicators for teaching, never an assessment of a place.
How do I take part beyond the courses in aI and machine learning for risk analysis?
Form a competence cell of three to seven people, study a shared pathway, take a supervised assignment in the National Working Groups, or bring a cohort from your institution. For organisations.

Key terms

Term

Emulator

A fast statistical or machine-learning model trained to reproduce the outputs of a slower physical or catastrophe model.

Term

Conformal prediction

A method that wraps any model to give prediction sets with a stated coverage under exchangeability.

Term

Distribution shift

A change between the data a model was trained on and the data it is used on, which can invalidate its accuracy.

Term

Calibrated classifier

A classifier whose predicted probabilities match observed frequencies.

ReportsContribute

Contribute evidence from this page.

Reports is the Consortium's quarterly publication. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work.

Risk Academy
AI and machine learning for risk analysis

Prepare with a related course

Open courses in connected disciplines teach the methods this discipline will build on.

Risk Academy

Courses · practice · credentials

Not for profit

Our articles, maps and twins are free to read and free to republish. Readers and partners keep it that way.

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Who funds us

Risk Academy is a not-for-profit institution. To ask who funds a piece of work, use the funding questions form.

Independence

Editors and the expert reviewers named on each article decide what we publish. Funders and partners do not review or approve articles before publication.

Licence

Articles: CC BY 4.0. Figures, maps, twins and data: CC BY 4.0. Other uses: ask through the permissions form.