I believe it was Rock Paper Shotgun who referred to our previous game, Dungeons of Dredmor, as “a randomly generated spinning roulette wheel of glory and death” (or something like that, anyhow.) Regardless, this is a good design philosophy and one that we can all agree upon. To this end, it is good to put some random events in games – they sparkle things up.
We also have said that one of the key driving forces in Clockwork Empires is your characters; it is very good for them to do various things, based on their personality, character traits, and moods. We want characters – and who they associate with, and who they are organized with – to start making a noticeable impact on the game beyond the incidental impact of being nearby other characters when they do something that may, or may not, affect other members of your settlement.
Dwarf Fortress handles this with Strange Moods; a Dwarf will lock themselves in a room and go insane – or, maybe, produce a strange artifact. Crusader Kings 2 handles this with various events happening, ranging from jousting tournaments to attempting to turn lead into gold.
To generalize this: we have random Character Events.