Superforecasting: The Art and Science of Prediction - Philip Tetlock, Dan Gardner
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Read by Joel Richards
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Bitrate: 64 Kbps
Unabridged
Everyone would benefit from seeing further into the future, whether buying stocks, crafting policy, launching a new product, or simply planning the week’s meals. Unfortunately, people tend to be terrible forecasters. As Wharton professor Philip Tetlock showed in a landmark 2005 study, even experts’ predictions are only slightly better than chance. However, an important and underreported conclusion of that study was that some experts do have real foresight, and Tetlock has spent the past decade trying to figure out why. What makes some people so good? And can this talent be taught?
In Superforecasting, Tetlock and coauthor Dan Gardner offer a masterwork on prediction, drawing on decades of research and the results of a massive, government-funded forecasting tournament. The Good Judgment Project involves tens of thousands of ordinary people—including a Brooklyn filmmaker, a retired pipe installer, and a former ballroom dancer—who set out to forecast global events. Some of the volunteers have turned out to be astonishingly good. They’ve beaten other benchmarks, competitors, and prediction markets. They’ve even beaten the collective judgment of intelligence analysts with access to classified information. They are “superforecasters.”
In this groundbreaking and accessible book, Tetlock and Gardner show us how we can learn from this elite group. Weaving together stories of forecasting successes (the raid on Osama bin Laden’s compound) and failures (the Bay of Pigs) and interviews with a range of high-level decision makers, from David Petraeus to Robert Rubin, they show that good forecasting doesn’t require powerful computers or arcane methods. It involves gathering evidence from a variety of sources, thinking probabilistically, working in teams, keeping score, and being willing to admit error and change course. Superforecasting offers the first demonstrably effective way to improve our ability to predict the future—whether in business, finance, politics, international affairs, or daily life—and is destined to become a modern classic.
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| Creation Date: | Mon, 14 Jun 2021 18:35:56 +0200 |
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This post has 9 comments with rating of 5/5
June 14th, 2021
Accurate forecasting patterns depend on Force-sensitive peeps, like Noter-damus & Master Yoda. Also, a high Midi-chlorian count can be determinative. Noter-damus can always be demonstrated to be entirely correct, after the fact.
Of course, Sith types will try to cloud & obscure these prognosticative abilities.
June 14th, 2021
Caesar, How can you leave off The Great Karnak?
June 14th, 2021
https://alchetron.com/cdn/carnac-the-magnificent-f799d5a9-49f8-408d-a3ab-bff6523b95e-resize-750.jpeg
June 14th, 2021
Caesar, you forgot the Babylon Bee, a satirical newspaper like The Onion.
June 14th, 2021
The Great Carnac the Magnificent, in common with his lovely wife, had his knockers.
June 15th, 2021
A Thrilling portrayal of that time Clark Kent was transferred to the daily Planet’s weather department
June 15th, 2021
Faster than a speeding polar vortex, Beany. (Or should we address thee as Lord Stark of Winterfell?)
June 16th, 2021
I read this a while back, had no idea the audiobook would show up here.
June 16th, 2021
Something like that is just impossible to foresee, Synapsed.
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