I agree he is directionally correct, or at least is a vessel to raise important points and valid criticisms.
But predictions need to be specific and falsifable. If not, its just rag-chewing over a beer (luv that shit, but i aint predicting on taco tuesday). If they arent falsifable, then its not a prediction.
I think a lot of the HN comments generally can be described as one camp which cares about and enforces the rigor of predictions and trying to direct limited ear-time to voices which tend to get predictions right, vs the other camp that puts more weight towards directional accuracy.
Why would one ever predict anything at all if it was always falsifiable? Do you mean like eventually falsifiable? Like, I don't know about you, but I tend to go ahead and do any falsifying of something first if possible, before I resort to predicting.
Can you give an example of what a good/proper prediction might be, even in a hypothetical universe, in this schema? Does one "predict" when they play blackjack? Or is there a different concept for that kind of thing?
I honestly don’t understand why you care so much about the “rigor of predictions”. Short-term predictions are almost always at least somewhat inaccurate, no matter who’s doing the predicting. Directional accuracy strikes me as far more important.
> But predictions need to be specific and falsifable.
This is only possible when the prediction is outside the system.
Inside the system, betting can change outcomes.