Future babble: why expert predictions are next to worthless, and you can do better

Book Cover
Average Rating
Publisher:
Gildan Audio ,
Pub. Date:
2011.
Edition:
Unabridged.
Language:
English
Description
In Future Babble, award-winning journalist. Dan Gardner presents landmark research debunking the whole expert prediction industry and explores our obsession with the future. In 2008, as the price of oil surged above $140 a barrel, experts said it would soon hit $200; it then plunged to $30. In 1967, they said the USSR would be the world's fastest-growing economy by 2000; by 2000, the USSR no longer existed. In 1911, it was pronounced that there would be no more wars in Europe-we all know how that turned out. The truth is that experts are about as accurate as dart-throwing monkeys. And yet, every day we ask them to predict the future-everything from the weather to the likelihood of a catastrophic terrorist attack. Here is the first book to examine this phenomenon, showing why our brains yearn for certainty about the future, why we are attracted to those who predict it confidently, and why it's so easy for us to ignore the trail of outrageously wrong forecasts. How good you are at predicting the future doesn't depend on your education or experience. It depends on how you think: like a fox or like a hedgehog. Foxes know a little about a lot of things. They have doubts. They often sound wishy-washy. And you don't see them on television much. On the other hand, hedgehogs know a lot about one thing. They are absolutely certain. They are confident. Almost every popular expert you can think of is a hedgehog. And they are experts at explaining away predictions they made that turned out to be wrong. For real insight into what is coming next, you need to consult foxes and think like one, too. Future Babble explains in detail what that means, and how you can tell foxes and hedgehogs apart. In this example-packed, sometimes darkly hilarious audio book, journalist Dan Gardner shows how seminal research by UC Berkeley professor Philip Tetlock proved that the more famous a pundit is, the more likely he is to be right about as often as a stopped watch. Gardner also draws on current research in cognitive psychology, political science, and behavioral economics in delivering this reassuring message: The future is always uncertain, but the end is not always near.
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ISBN:
9781596597785
159659778
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Grouping Information

Grouped Work ID 16d1cde4-a77f-c51c-b1d8-6e0ec11cd5e2
Grouping Title future babble why expert predictions are next to worthless and you can do better
Grouping Author gardner dan
Grouping Category book
Last Grouping Update 2018-02-02 01:51:06AM
Last Indexed 2018-10-23 02:42:36AM

Solr Details

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auth_author2 Dixon, Walter.
author Gardner, Dan, 1968-
author2-role Dixon, Walter., hoopla digital.
author_display Gardner, Dan
display_description In Future Babble, award-winning journalist. Dan Gardner presents landmark research debunking the whole expert prediction industry and explores our obsession with the future. In 2008, as the price of oil surged above $140 a barrel, experts said it would soon hit $200; it then plunged to $30. In 1967, they said the USSR would be the world's fastest-growing economy by 2000; by 2000, the USSR no longer existed. In 1911, it was pronounced that there would be no more wars in Europe-we all know how that turned out. The truth is that experts are about as accurate as dart-throwing monkeys. And yet, every day we ask them to predict the future-everything from the weather to the likelihood of a catastrophic terrorist attack. Here is the first book to examine this phenomenon, showing why our brains yearn for certainty about the future, why we are attracted to those who predict it confidently, and why it's so easy for us to ignore the trail of outrageously wrong forecasts. How good you are at predicting the future doesn't depend on your education or experience. It depends on how you think: like a fox or like a hedgehog. Foxes know a little about a lot of things. They have doubts. They often sound wishy-washy. And you don't see them on television much. On the other hand, hedgehogs know a lot about one thing. They are absolutely certain. They are confident. Almost every popular expert you can think of is a hedgehog. And they are experts at explaining away predictions they made that turned out to be wrong. For real insight into what is coming next, you need to consult foxes and think like one, too. Future Babble explains in detail what that means, and how you can tell foxes and hedgehogs apart. In this example-packed, sometimes darkly hilarious audio book, journalist Dan Gardner shows how seminal research by UC Berkeley professor Philip Tetlock proved that the more famous a pundit is, the more likely he is to be right about as often as a stopped watch. Gardner also draws on current research in cognitive psychology, political science, and behavioral economics in delivering this reassuring message: The future is always uncertain, but the end is not always near.
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subject_facet Fallacies (Logic), Perception, Thought and thinking, Uncertainty
title_display Future babble : why expert predictions are next to worthless, and you can do better
title_full Future babble : why expert predictions are next to worthless, and you can do better [electronic resource] / Dan Gardner
title_short Future babble :
title_sub why expert predictions are next to worthless, and you can do better
topic_facet Fallacies (Logic), Perception, Thought and thinking, Uncertainty