4 ms·
Hat tip to the fantastic Browser newsletter (https://thebrowser.com/ https://thebrowser.com/) for this one. As its editor & head curator writes: "How can it be
by anarbadalov 6y ago
Hat tip to the fantastic Browser newsletter (https://thebrowser.com/ https://thebrowser.com/) for this one. As its editor & head curator writes:
"How can it be that forecasts of global trends and outcomes are almost always wrong, yet nobody seems to mind, no stigma attaches, and the appetite for them seems only to grow?"
From the article: "To understand the extent of our forecasting fascination, I analysed the websites of three management consultancies looking for predictions with time frames ranging from 2025 to 2050. Whilst one prediction may be published multiple times, the size of the numbers still shocked me. Deloitte’s site makes 6904 predictions. McKinsey & Company make 4296. And Boston Consulting Group, 3679. ...
I believe the vast majority of these to be not forecasts but fantasies. Snake oil dressed up as science. Fiction masquerading as fact."