All Models Are Wrong
All Models Are Wrong
Why experts are worse at predicting the future than you | Daniel Erasmus (DWeb Camp)
0:00
-53:51

Paid episode

The full episode is only available to paid subscribers of All Models Are Wrong

Why experts are worse at predicting the future than you | Daniel Erasmus (DWeb Camp)

The financial crisis, climate change and AI

Daniel Erasmus has spent about 25 years doing scenario planning for banks, governments and companies, and his starting point is that experts are bad at predicting the future. In 2006, a scenario he worked on helped one bank prepare for a global financial collapse. When the crisis hit in 2008, it was one of only two banks in the world to grow its assets.

…

User's avatar

Continue reading this post for free, courtesy of Joshua Dávila.