The Knowledge Project with Shane Parrish

#6 Philip Tetlock: How to See the Future

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Dec 8, 2015
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INSIGHT

We Are All Forecasters

  • We are all forecasters because making decisions implies predicting consequences.
  • Explicit predictions improve decision-making compared to implicit ones.
ANECDOTE

Good Judgment Project

  • The Good Judgment Project, a forecasting tournament by IARPA, aimed to improve intelligence analysis.
  • Tetlock's team won by using diverse methods and identifying "superforecasters."
INSIGHT

Skill vs. Luck in Forecasting

  • Superforecasters aren't just lucky; their accuracy persists over time, unlike random chance.
  • A 70/30 skill-to-luck ratio exists in geopolitical and geoeconomic predictions.
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