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The planning fallacy was named in 1979, so it's not exactly news that one's inside view estimate will be optimistic. I believe the poster you are are replying t
by bjterry 13y ago
The planning fallacy was named in 1979, so it's not exactly news that one's inside view estimate will be optimistic. I believe the poster you are are replying to is implicitly criticizing HP for publicly claiming commercialization earlier than was ever realistic.
The people at HP who are responsible for providing timeline estimates either should know about the planning fallacy and correct for it, or they are hopelessly incompetent planners in 2013. A more realistic explanation is that they knew they were being optimistic and lied about it for the short term press benefits that they realized when they made those statements. Companies lying about their development timelines is a valid object of complaint.