3 ms·
Why do we reject model-derived projections for the stock market and accept them for climate and disease?
by throwawayboise 5y ago
Why do we reject model-derived projections for the stock market and accept them for climate and disease?
- deleted 5y ago[deleted]
- acdha 5y agoWhich one of those has intelligence? CO2 doesn’t try to stymie your mitigation plans; a virus has selective pressure but it’s stochastic rather than directed by an intelligent adversary. In contrast, the stock market has a huge number of people with massive resources who can make enormous profits when they find a way to exploit some aspect of the system.