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datsci_est_2015 2 hours ago

I’ve seen this style of take so much that I’m dying for someone to name a logical fallacy for it, like “appeal to progress” or something.

Step away from LLMs for a second and recognize that “Yesterday it was X, so today it must be X+1” is such a naive take and obviously something that humans so easily fall into a trap of believing (see: flying cars).

Gareth321 39 minutes ago | parent [-]

In finance we say "past performance does not guarantee future returns." Not because we don't believe that, statistically, returns will continue to grow at x rate, but because there is a chance that they won't. The reality bias is actually in favour of these getting better faster, but there is a chance they do not.