Qiaochu_Yuan comments on Generalizing from One Trend - Less Wrong

14 Post author: katydee 18 January 2013 01:21AM

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Comment author: Qiaochu_Yuan 18 January 2013 03:26:17AM *  14 points [-]

I would tentatively describe the kind of forecasting you're talking about as "narrative forecasting." A good narrative has maybe one or two important ideas; too many important ideas would confuse the reader. A good narrative has a human-satisfactory description of a plausible-looking chain of causes and effects leading to the future; probabilistic statements, complicated webs of cause and effect, and so forth also confuse readers. And a good narrative is generally a bad prediction because reality doesn't work that way.