Saturday, April 13, 2019

Oops!

 
Pundits are not shy about making predictions ... and this includes non-pundits like myself. And some of these predictions take on a life of there own and become generally-accepted memes.  A few examples of these popularized memes being — global warming, Russian collusion, cold fusion, AI hegemony, 5G, vaccination dangers, simulated reality, driverless cars, a social media society, meatless nutrition, totally renewable energy, colonizing our solar system, etc.

Some of these memes have an enormous economic cost ... and the rub comes if and when they turn out to be wrong. Oops! What happens then? What if global warming driven by human fossil fuel usage is finally debunked? Is Al Gore going to be made to pay for all the economic dislocation he caused? He certainly benefited greatly from his prediction. Perhaps he could be made to pay alimony to the American people as well as Tipper?


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