A mixed reality (MR) training system includes an identification algorithm (ML1) that identifies incidents of concern (IOCs) based on an incident report data set and related contextual data. Each IOC occurs in the data set with a frequency at least equal to a pre-determined threshold or the resulting consequence is at least equal to a different pre-determined threshold. The system also includes a prediction algorithm (ML2) configured to identify predicted changes in the frequency or contextual data of incidents, an experience generation algorithm (ML3) configured to generate an MR training experience based on IOCs identified by ML1 and the predictions of ML2. A fourth algorithm (ML4) tailors and optimizes MR generated training experiences based, in part, on (i) changes in the incident report data or contextual data or (ii) performance data or biometric response data received during or after a user's interaction with the MR training experience.