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I was thinking about this as I walked earlier.

People who "make predictions" are like psychics. Unless those predications are uncannily good – in which case we call that person an analyst – we can assume that the person is either wilfully lying, or that they're stupid.

Ed's predictions have so far failed to come true. I don't think he's stupid (but I might be wrong). That leaves me feeling like he's the psychic who knows exactly what they're doing. They're telling a gullible audience a story they want to hear because it's a nice way to earn a living.

Comparing him to the CEOs of companies who produce incredibly useful products used by millions is facile nonsense.

 help



> they're telling a gullible audience a story they want to hear because it's a nice way to earn a living.

Sure sounds a bit like Altman though ultimately, the audience being VCs


The difference being that the story he's telling is "you'll make money" and he's usually right.

Ah that's why they're losing billions of dollars a month...

Citation needed



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