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On the difficulty of predicting the future (2001) [pdf]

70 pointsby aleyanabout 6 years ago

6 comments

nabla9about 6 years ago
Predicting the future and future forecasting are different things.<p>There are many forecasting techniques available. The goal is not see into the future, but to see the likely distribution of outcomes that come from decisions and sequence of future decisions.<p>Rumsfeld &amp; Co had idea of what they wanted to happen, and then they twisted everything to justify it. That&#x27;s just being an idiot. Rudimentary expert-opinion forecasting would have helped. Expert opinion was specially avoided or ignored.
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mellingabout 6 years ago
Unknown unknowns are definitely difficult to predict.<p><a href="https:&#x2F;&#x2F;en.m.wikipedia.org&#x2F;wiki&#x2F;There_are_known_knowns" rel="nofollow">https:&#x2F;&#x2F;en.m.wikipedia.org&#x2F;wiki&#x2F;There_are_known_knowns</a>
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tgb29about 6 years ago
By 2010, the administration I wrote this memo for would totally squander America&#x27;s opportunity to lead the free world. Not learning from the US-MX war of 1840s or the Vietnam war of 1960s, we embarked on a costly and disastrous military initiative in Iraq. We destroyed privacy with the Patriot Act and crashed the global economy in 2008.
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tabtababout 6 years ago
&quot;Predictificationism has lots of difficultants.&quot;<p>That prez made words too long, the next spoke them too fast; now we got one that makes them too short.
nilskidooabout 6 years ago
&quot;For if there is a god it is the future. None can define it while many presume to speak on its behalf. All wish for it to deliver unto them, yet within it lies the destruction of every last one of us.&quot; - Richard Caldwell
paulpauperabout 6 years ago
i think a case can be made for a new, permanent status quo: America on top followed by China. Continued world peace. Continued dominance of US dollar. Contused low inflation in the US, continued tech innovation, continued dominance of Facebook, Amazon, and Google, etc.