#forecasting

The only function of economic forecasting is to make astrology look respectable. ↗

— John Kenneth Galbraith

#economic #forecasting #function #look #make

The funds from the sale were put into research and general teaching budgets at the university. Wharton Econometric Forecasting Associates, Inc., is now a growing enterprise with many model and other econometric facilities. ↗

— Lawrence R. Klein

#budgets #econometric #enterprise #facilities #forecasting

Computer modelling for weather forecasting, and indeed for climate forecasting, has reached its limits. ↗

— Piers Corbyn

#computer #forecasting #indeed #limits #modelling

And this is one way to do technology forecasting; get a sense of where technology is, and then anticipate the next upturn. ↗

— Chris Anderson

#forecasting #get #next #sense #technology

There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey. ↗

— Daniel Kahneman

#better #domains #example #expertise #experts

There is no way that we can predict the weather six months ahead beyond giving the seasonal average ↗

— Stephen Hawking

#forecasting #global-warming #weather #change