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1972 the American meteorologist Edward Lorenz wrote a paper with an arresting title: “Predictability: Does the Flap of a Butterfly’s Wings in Brazil Set Off a Tornado in Texas?” A decade earlier, Lorenz had discovered by accident that tiny data entry variations in computer simulations of weather patterns—like replacing 0.506127 with 0.506—could produce dramatically different long-term forecasts. It was an insight that would inspire “chaos theory”: in nonlinear systems like the atmosphere, even small changes in initial conditions can mushroom to enormous proportions. So, in principle, a lone ...more
Superforecasting: The Art and Science of Prediction
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