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solyin • today at 7:07 AM • 1 reply • view on HN

> In aggregate, people whose job it is to predict large-scale economic events are worse than chance in their predictions.

Sounds good, but isn't supported by data. Tetlock did not establish that all experts are worse than chance.

> The average expert was slightly better than chance.

-Tetlock


Replies

fugalfervor • today at 12:51 PM

I am thinking of a study showing that political pundits do worse than chance at predicting the political future (this does not include election modeling, which is not punditry).

There's no realistic way to compose a statistical model for what will happen to a society when a powerful new technology is introduced. Predictors of our brave new AI world are going to be about as accurate as our pundits.