For a more general treatment of On the Edge, go here:
https://www.futuresstrategygroup.com/nate-silver-on-the-edge/
SCA 6: Review of Nate Silver’s On the Edge on the Futures Strategy Group Blog
Forecasting
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The Economist Succumbs to the Cult of Prediction…Again
The Economist’s annual preview of the coming year once again includes predictions. And that is a problem. To show you why it was a problem for 2023, let me share some slides I presented recently to the Intelligence Leadership Forum. The tl;dr version: Things that can be predicted with certainty are almost never strategic;…
SCA 8: Thanks to Dr. J. Bradford DeLong…
CROSSPOST: Patrick Marren on Nate Silver: One & a Half Cheers, Perhaps? Nate Silver’s poll-aggregation work remains very valuable, even though we are trapped by the cult of prediction: polls paralyzing politics by not predicting the future but simply chaining us to uncertainty… Yet one more intelligent word on Nate…
Forecasting
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Fox vs. Hedgehog
August 16, 2023 Πόλλ’ οἶδ’ ἀλώπηξ, ἀλλ’ ἐχῖνος ἓν μέγα “The fox knows many things, but the hedgehog one great thing.” – Fragment from the Greek poet Archilochus, c. 680-645 B.C.E. I am a hedgehog. And I’m supposed to be a fox. Nate Silver, in his book The Signal and the…