▲ | jrm4 7 hours ago | ||||||||||||||||||||||||||||
He absolutely always has been. Nassim Nicholas Taleb hates him for a very good and simple reason. Lack of skin-in-the-game. It's just arguably immoral to make predictions for a living in such a way that "being wrong" doesn't harm you. | |||||||||||||||||||||||||||||
▲ | amalcon 7 hours ago | parent | next [-] | ||||||||||||||||||||||||||||
This is a weird criticism. Are meteorologists immoral? They are wrong a lot, with (occasionally) deadly consequences. It doesn't really hurt them - because their predictions are still pretty useful. | |||||||||||||||||||||||||||||
▲ | softwaredoug 7 hours ago | parent | prev [-] | ||||||||||||||||||||||||||||
I don’t get this criticism. The models he - and others like him - make are probabilistic. 70% probability Hillary would win was actually accurate. 30% probability events happen all them time. The ones with “skin in the game” in 2016 said there was a 99% chance that Hillary would win. And that they’d eat their shoe, etc, if Trump won. They were in so much disbelief that Trump could win they built models just for confirmation bias. | |||||||||||||||||||||||||||||
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