There is a substantial literature documenting the unreliability of expert forecasts in many domains, and there is every reason to think that many of the findings in this body of research apply to the field of artificial intelligence too. In particular, forecasters tend to be overconfident in their predictions, believing themselves to be more accurate than they really are, and therefore assigning too little probability to the possibility that their most-favored hypothesis is wrong (Tetlock 2005). (Various other biases have also been documented; see, e.g., Gilovich et al. [2002].) However,
...more