▲ | aswegs8 2 days ago | |
Experts are often worse than laymen in predicting macro developments because they are narrowed by their focus and biased towards it. Tetlock's Superforecasting is a great book on this. Some condensed source I found on the topic: https://www.ing.com/Newsroom/News/The-more-famous-an-expert-... | ||
▲ | theologic 2 days ago | parent [-] | |
I would like to confirm that I've been highly influenced by Tetlock, and I appreciate his work. It was an integral part of a strategy in a business group I was running. With that stated, if you can see beyond his vitriol, Nassim Taleb has some valid comments toward Tetlock's methodologies. I love Taleb, but hate his tendency to try and shock people. However, he does raise valid concerns about fat tails. |