I know that this is mentioned in videos from Low Carb Down Under by Dr Mason, among others, but for visitors just browsing the comments, I'd like to quote
the section on relative risk of colon cancer when eating processed meat:
Nevertheless, the IARC working group concluded that for every 50 grams of processed meat eaten, the relative risk of colon cancer was increased by 18% compared with those who ate the least processed meat. How does this compare with known carcinogens? The increased relative risk of lung cancer from smoking cigarettes is 1000–3000%. The increased relative risk of liver cancer from eating moldy grains contaminated with aflatoxin is about 600%. In fields outside nutrition, the usual threshold for confidence about relative risk is in the range of 200–400%. At the higher end of that range, one can be guardedly confident but “we can hardly ever be confident about estimates of less than 2.0, and when estimates are much below 2.0, we are simply out of business” (Shapiro, 2004); relative risk of 2.0 translates to an increase of 100%. So, an 18% increase equals a relative risk of 1.18, and this score falls substantially below the threshold that epidemiologists in other fields generally accept as worthy of further investigation.
Another indicator of risk is the absolute risk, as opposed to the previously mentioned relative risk. The relative risk is a ratio of the disease rate in the group exposed to the highest amount divided by the rate in the group exposed to the lowest amount but this risk ratio does not reflect the absolute risk of a disease. The lifetime absolute risk of colon cancer in vegetarians is 4.5 out of 100; in people eating 50 grams of processed meat every day for a lifetime, the risk is 5.3 out of 100. These numbers are not statistically distinguishable in epidemiological studies.
Emphasis mine.
"It's my ccomputer" has already been mentioned, but it's my bandwidth and my home network too. Ads can stay off it.