No Prediction
Prediction is verydifficult, especiallyabout the future.
“There are many, many things that Google could do, that we choose not to do. One day we had a conversation where we figured we could just try to predict the stock market. And then we decided it was illegal. So we stopped doing that.”1
Google is a great search engine. It won the title of search king, and former CEO Eric Schmidt has made a fortune. Congratulations. However, when he opines like that, he sounds delusional. Schmidt might be worth billions, but wealth does not make up for a lack of common sense.
He is one of many.
A group of eminent economists recently apologized to Queen Elizabeth II for failing to predict the financial ...
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