Influx Insights Tag Feed: forecasting http://www.influxinsights.com/blog/ 2008-12-03T21:48:51Z 17 thoughts and ideas on forecasting the future from paul saffo http://www.influxinsights.com/blog/article/1747/17-thoughts-and-ideas-on-forecasting-the-future-from-paul-saffo.html <a target="_blank" href="http://www.saffo.com/">Paul Saffo</a><b>,</b> the godfather of forecasters, gave a really fantastic talk at the <a target="_blank" href="http://www.longnow.org/">Long Now</a> last night. <br><br>It was full of lots of sensible thinking suggesting, that despite the negative press against forecasters, of course, he thinks it&#8217;s more important then ever. <br><br>Saffo views the current uncertainty as opportunity, rather than an impossible challenge. <br><br>Here are some of the highlights from his talk<br><br>1.&nbsp;&nbsp;&nbsp; Here&#8217;s how he graphically views his job.<br><br><a target="_blank" href="http://www.flickr.com/photos/edcotton/2187153153/" title="Saffo's World of Forecasting by ed100, on Flickr"><img src="http://farm3.static.flickr.com/2408/2187153153_af1a23db85.jpg" alt="Saffo's World of Forecasting" height="358" width="500"></a><br><br>2.&nbsp;&nbsp;&nbsp; Every technology adoption has an <span style="font-weight: bold;">S curve.</span><br><br>3.&nbsp;&nbsp;&nbsp; We tend to <span style="font-weight: bold;">over-estimate the speed of short-term adoption</span> and under-estimate the diffusion of the technology.<br><br>4.&nbsp;&nbsp;&nbsp; Most big tech trends take <span style="font-weight: bold;">20 years to develop.</span><br><br>5.&nbsp;&nbsp;&nbsp; We are entering the <span style="font-weight: bold;">age of robots</span>-sensors are everywhere- he used the rapid progress of the technology in the DARPA challenge and Nike as examples. <br><br>6.&nbsp;&nbsp;&nbsp; Look for <span style="font-weight: bold;">wild cards</span>- crazy ideas at the fringes- they help you find the boundaries<br><br>7.&nbsp;&nbsp;&nbsp; His final slide was a photo of a tip jar in his local coffee house on which is written <span style="font-weight: bold;">&#8220;If you fear change, leave it in here.&#8221;</span><br><br>8.&nbsp;&nbsp;&nbsp; If you look back far enough, twice as far as&nbsp; you are looking forward, if you want to see early signs and signals- <span style="font-weight: bold;">Y2K </span>was first mentioned in 1985, Lucas Film developed Habitat in 1985, it&#8217;s pretty similar to Second Life today. You need good backsight, but because things are slow, even if you miss an indicator, you still have time. <br><br>9.&nbsp;&nbsp;&nbsp; It&#8217;s important to be detached from your forecasts- separate what you wish for from what&#8217;s is likely.<br><br>10.&nbsp;&nbsp;&nbsp; <span style="font-weight: bold;">Sophisticated computation </span>will make a radical difference to forecasting.<br><br>11.&nbsp;&nbsp;&nbsp; The biggest problem for forecasters isn&#8217;t being wrong, <span style="font-weight: bold;">it&#8217;s persuading people to act</span> on forecasts.<br><br>12.&nbsp;&nbsp;&nbsp; He believes the nation state is collapsing and will be <span style="font-weight: bold;">replaced by city states</span>.<br><br>13.&nbsp;&nbsp;&nbsp; Things aren&#8217;t accelerating, every society has always complained that things were getting faster, <span style="font-weight: bold;">even in 1503</span>. However, more things are happening at once. <br><br>14.&nbsp;&nbsp;&nbsp; <span style="font-weight: bold;">He forecasts, he doesn&#8217;t predict,</span> very important distinction.<br><br>15.&nbsp;&nbsp;&nbsp; Science fiction can be a good place to look. Middle-age scientists tend to be influenced by the books they read as teenagers.<br><br>16.&nbsp;&nbsp;&nbsp; Look at failures. <span style="font-weight: bold;">Silicon Valley has been built on the ashes of failure</span>; one of the catalysts for the first web revolution was developed by US Web, formed by a group of ex-interactive television developers who were given space by Apple in their old Interactive Television Department. <br><br>17.&nbsp;&nbsp;&nbsp; Uncertainty is the currency of the times; the strange thing is that indicators are moving in opposite directions. Gold and Google should not be experiencing increases at the same time. <span style="font-weight: bold;">Big things are happening!</span><br>&nbsp;<br><br>Posted by Ed Cotton Influx Insights 2008-01-12T14:52:43Z influx quote of the month- william gibson http://www.influxinsights.com/blog/article/1475/influx-quote-of-the-month--william-gibson.html <b>William Gibson</b> maybe one of the greatest sci-fi writers of his generation, he is also the best friend of planners everywhere. He even wrote a <a target="_blank" href="http://www.amazon.com/Pattern-Recognition-William-Gibson/dp/0399149864">book</a> about them. His new book, <a target="_blank" href="http://www.amazon.com/Spook-Country-William-Gibson/dp/0399154302">Spook Country</a>, looks intersting, as usual. <br><br>In a recent interview, he gave us planners the perfect quote.<br><br><i><b>"There&#8217;s a character in my previous novel, Pattern Recognition , who argues that we can&#8217;t culturally have futures the way that we used to have futures because we don&#8217;t have a present in the sense that we used to have a present. Things are moving too quickly for us to have a present to stand on from which we can say, &#8220;oh, the future, it&#8217;s over there and it looks like this.&#8221;</b></i><br><br>Without a present, there can be no future. <br><a target="_blank" href="http://tecfa.unige.ch/perso/staf/nova/blog/"><br>Via Pasta and Vinegar</a><br><br><br>Posted by Ed Cotton Influx Insights 2007-07-17T22:03:30Z