The problem with prediction is that it is impossible to account for
everything and eliminate our biases. Therefore, people who claim to predict the
future are often misleading us. Especially because the predictor constantly
revises their assumptions based on new evidence. Nassim Taleb articulates this
clearly when he says, "we revise our own predictions and intentions
unconsciously to match what actually happens. We disguise having been wrong by
pretending we were right. This is confirmation bias.”
Another challenge in prediction is how our mind perceives time. Bill Gates
famously said, “Most people overestimate what they can do in one year and
underestimate what they can do in ten years.” This is very true because, given
a sufficiently long time period, second and third-order effects of decisions
begin to show up, leading to exponentially different outcomes.
When thinking about the future, our imagination is often limited by the
past. We don’t know what is possible, so we tend to extrapolate from the past
and present. We cannot imagine without it being absurd and therefore edited out
if we haven’t seen or experienced it with any degree of certainty. That’s why
science fiction is considered fiction and not probability. Good science fiction
imagines new things, but the storytelling is based on something we are all
familiar with and can relate to.
Prophecy is always conservative. As Arthur C. Clarke said, "If we have
learned one thing from the history of invention and discovery, it is that, in
the long run—and often in the short one—the most daring prophecies seem
laughably conservative.”
However, we can improve our ability to imagine the future. This is where
structured methods for thinking about the future, such as scenario planning,
come into play. Scenario planning is an excellent practice that helps us push
our boundaries beyond our comfort zone and imagine new and alternative futures.
Building on Taleb’s wisdom that events are not predictable, but the
consequences of actions are more predictable, scenario planning is not about
predicting the future but about imagining different alternatives and preparing
for them.
As a side note and thought experiment, imagine the magical world of Harry
Potter without the prophecy or divination component. Would there be more
harmony because Tom Riddle (Voldemort) would not have sought to eliminate Harry
in the first place? Boring, I know, from a story perspective, but overall
better outcomes in the short and long term!
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