Scott Alexander examines how public predictions are judged over time, using examples like Nostradamus and Fukuyama to illustrate common pitfalls and offer advice on making predictions.
Longer summary
Scott Alexander explores the phenomenon of how people's predictions are judged over time, using Nostradamus and Francis Fukuyama as contrasting examples. He discusses how Nostradamus's vague prophecies are often interpreted as accurate in hindsight, while Fukuyama's 'end of history' thesis is frequently declared wrong whenever significant events occur. The post then analyzes other public figures' predictions and their reception, before offering advice on how to make predictions that won't damage one's credibility or cause personal misery. Scott concludes by acknowledging that he wants to make more predictions himself, while warning aspiring thought leaders about the challenges of public prediction-making.
Shorter summary