That graph represents the comparison of increased growth (gray line) to some baseline (black).
Instead, I’m talking about the case where the dot is at the far left side of the graph: we’re currently at a low level of risk, and continuing at the baseline growth rate means ‘climbing the risk mountain’ before we get to the other side with lower risk. If the peak is very high (relative to the dot), then it’s not clear that continued (or accelerated) growth is optimal; stagnation might be better.
That graph represents the comparison of increased growth (gray line) to some baseline (black).
Instead, I’m talking about the case where the dot is at the far left side of the graph: we’re currently at a low level of risk, and continuing at the baseline growth rate means ‘climbing the risk mountain’ before we get to the other side with lower risk. If the peak is very high (relative to the dot), then it’s not clear that continued (or accelerated) growth is optimal; stagnation might be better.