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« New Nano Blog | Main | Modeling the Future »

December 20, 2006

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The problem with "it's impossible, give up", is that it too closely resembles "it's impossible, //so let me//". That's a recipe for being taken advantage of. Resignation about the future eventually becomes resignation about the present. If we throw up our hands about predicting the future as citizens and leave it to others, then those others will be the ones calling the shots when the future turns into the present. It is therefore critical that we be concerned about both.

I don't see CRN's task so much as being magically able to foretell the future as to be prepared to quickly analyze the future when it comes. Collaborative scenario forecasting takes time; It wouldn't be good if policy makers and voters had to deal with disruptive technologies without the benefit of such forecasts already having been done.

I think it is possible to be far better at future prediction than most attempts have been. It requires more work and more information about the present and past situation. Many "futurists" just declare themselves to be one and start making stuff up. They also claim no accuracy for their predictions. These people are no better than magic 8 balls or astrologists.

Future predictions are quite accurate for some narrow domains. Some things that are fairly accurate population predictions, some economic forecasting, some market forecasts, some environmental forecasts, some political forecasts etc...

Some statistical descriptions of the current and past situations are quite accurate. Such employment data from some countries, housing reports and economic data from some countries etc...

Some business plans are accurate predictors of the future. Some business, process advantages and behaviors are enduring/durable.

By properly modeling and incorporating what we know and are more certain about then we can stick closer to what is likely, probable and possible. It is important to try to understand relative power and durability of trends and how and why things change.

Also, many predictors are overly willing to make predictions which would require mass violations of solidly established laws and regulations. Some of those things could happen but making a prediction such as everyone will be cured of cancer within 2 years that ignores FDA approval testing and times is a nontrivial change. Somewhat like predicting the baseball world series will be played every 3 months.

Getting more detailed predictions of technological winners can be tougher. But again some predictions are more likely. In sports, a prediction of Yankees will the world series in 6 games in 2 out of the next 10 world series has some statistical likelihood behind it and some sports economics.

Predictions that some currently unknown companies will overturn the status quo in some aspect of computer technology has some precedent. But it is useful to know where the status quo is weak and where is it strong. How much of a change is the shift ? How much of the shift is technological and how much marketing ?

Predictions can be more like scientific hypothesis. Assumptions can be tested. Tracking of progress towards validation or invalidation should be possible. Invalid predictions should be analyzed for faults. Predictors should learn from mistakes and look for opportunities to get constructive feedback.

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