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by specialist
2227 days ago
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Do critics of government hold other prediction "markets" to the same standards? People predict sportsball outcomes. A much smaller problem domain, with far more historical data, insane audience engagement (interest), and ample expertise. Are sportsball predictions qualitatively better than pandemic predictions? |
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You realize that modern economics is basically divination for the same reason that climate science is uncertain? Structurally the two sciences are actually similar in critical points, namely that the domains are non experimental and purely model driven. Yes, you should be extremely sceptical of any economist who tells you that he's certain about anything.
>People predict sportsball outcomes. A much smaller problem domain, with far more historical data, insane audience engagement (interest), and ample expertise
You can't seriously compare the complexity of climate science with sports betting.