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Years back John C. Dvorak talked about predictions. He's was being ridiculed for his comment that there was "no evidence that computer users would want to use a
by mrweasel 1mo ago
Years back John C. Dvorak talked about predictions. He's was being ridiculed for his comment that there was "no evidence that computer users would want to use a mouse" (which was sort of true at the time). One of his point was that he had made a crazy amount of predictions on various topics, some came true, many didn't. People just remember the one you got right, and the ones you got horribly wrong.
Ed Zitron is just one AI crash away from being known as the guy who saw this coming. Everything else he has said can be completely wrong, he just needs to be somewhat correct on a minor crash.
- TulliusCicero 1mo agoCorrectly predicting nine out of the last five recessions.
- zahlman 1mo ago> Ed Zitron is just one AI crash away from being known as the guy who saw this coming. Everything else he has said can be completely wrong, he just needs to be somewhat correct on a minor crash. That's the theory, but I feel like enough people have heard of him by now to be aware of the numbers game being played.
- tccole 1mo agoI don’t agree with your conclusion. It’s like Michael Burry, he’s gotten 10 of the last 2 economic crashes right.
- zahlman 1mo agoHow many people in the financial space recognized Burry's name before 2008?
- tccole 1mo agoPretty much none, but he’s been saying the sky is falling for the last decade.
- zahlman 1mo agoWell yes, that's the point. Burry had his success early and was not notable before that. Zitron has been outputting a continuous stream of bearish sentiment that hasn't come to fruition, from the moment anyone recognized the name. And even then, people are starting to notice that Burry's gone a while without a noticeable success.