The Signal and the Noise
Why So Many Predictions Fail - but Some Don't
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Narrateur(s):
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Mike Chamberlain
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Auteur(s):
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Nate Silver
À propos de cet audio
Updated for 2020 with a new Preface by Nate Silver.
Nate Silver built an innovative system for predicting baseball performance, predicted the 2008 election within a hair’s breadth, and became a national sensation as a blogger - all by the time he was 30. He solidified his standing as the nation's foremost political forecaster with his near perfect prediction of the 2012 election. Silver is the founder and editor in chief of the website FiveThirtyEight.
Drawing on his own groundbreaking work, Silver examines the world of prediction, investigating how we can distinguish a true signal from a universe of noisy data. Most predictions fail, often at great cost to society, because most of us have a poor understanding of probability and uncertainty. Both experts and laypeople mistake more confident predictions for more accurate ones. But overconfidence is often the reason for failure. If our appreciation of uncertainty improves, our predictions can get better too. This is the “prediction paradox”: The more humility we have about our ability to make predictions, the more successful we can be in planning for the future.
In keeping with his own aim to seek truth from data, Silver visits the most successful forecasters in a range of areas, from hurricanes to baseball to global pandemics, from the poker table to the stock market, from Capitol Hill to the NBA. He explains and evaluates how these forecasters think and what bonds they share. What lies behind their success? Are they good - or just lucky? What patterns have they unraveled? And are their forecasts really right? He explores unanticipated commonalities and exposes unexpected juxtapositions. And sometimes, it is not so much how good a prediction is in an absolute sense that matters but how good it is relative to the competition. In other cases, prediction is still a very rudimentary - and dangerous - science.
Silver observes that the most accurate forecasters tend to have a superior command of probability, and they tend to be both humble and hardworking. They distinguish the predictable from the unpredictable, and they notice a thousand little details that lead them closer to the truth. Because of their appreciation of probability, they can distinguish the signal from the noise.
With everything from the health of the global economy to our ability to fight terrorism dependent on the quality of our predictions, Nate Silver’s insights are an essential listen.
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Ce que les critiques en disent
"One of the more momentous books of the decade." (The New York Times Book Review)
"Mr. Silver, just 34, is an expert at finding signal in noise.... Lively prose - from energetic to outraged...illustrates his dos and don’ts through a series of interesting essays that examine how predictions are made in fields including chess, baseball, weather forecasting, earthquake analysis and politics...[the] chapter on global warming is one of the most objective and honest analyses I’ve seen...even the noise makes for a good read." (New York Times)
"A serious treatise about the craft of prediction - without academic mathematics - cheerily aimed at lay readers. Silver's coverage is polymathic, ranging from poker and earthquakes to climate change and terrorism." (New York Review of Books)
Ce que les auditeurs disent de The Signal and the Noise
Moyenne des évaluations de clientsÉvaluations – Cliquez sur les onglets pour changer la source des évaluations.
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Au global
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- Robert
- 2018-04-29
Very interesting if you're into statistics/data
Great content! Most of the chapters were interesting to me. I'm a big fan or fivethirtyeight so that's what got me interested. Only drawback for me was it can be challenging to get through at times especially since I didn't love the narrator.
Similiar books: Thinking Fast and Slow, Moneyball
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