The Power of Precise Predictions

… But when people make non-falsifiable predictions, they feel less accountable. After all, if a prediction can never be disproved, then it poses no reputational risk. That lack of accountability, in turn, encourages overconfidence and even more extreme predictions.

Non-falsifiable predictions thus undermine the quality of our discourse. They also impede our ability to improve policy, for if we can never judge whether a prediction is good or bad, we can never discern which ways of thinking about a problem are best.

The solution is straightforward: Replace vague forecasts with testable predictions. CONT.

Philip E. Tetlock (Penn) & J. Peter Scoblic (Harvard), New York Times

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