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Yeah, I wish more people understood that it is simply not possible to make precise long-term forecasts of chaotic systems. Whether it is weather, financial mark
by david-gpu 2y ago
Yeah, I wish more people understood that it is simply not possible to make precise long-term forecasts of chaotic systems. Whether it is weather, financial markets, etc.
It is not that we don't know yet because our models are inadequate, it's that it is unknowable.
- wodderam 2y agoThe problem is we stupidly branded the field "chaos theory" and made it sound like bullshit so the ideas of non-linear dynamics have largely been lost on several generations at this point. Not just chaos theory but "chaos theory" + psychedelic fractal artwork. Then the popular James Gleick book, "Chaos: making a new science" just sounds like complete bullshit and it sold a ton of copies. I only started studying non-linear dynamics in about 2015 after first running across it in the late 90s but I literally thought it was all pseudoscience then. Between "chaos theory", fractals and a best selling book it would be hard to frame a new scientific field as pseudoscience more than what played out.