What's easier to forecast; next week's weather or next year's gadget sales numbers? Find out inside.
If it turned out analysts were more right than wrong in 2010, we forecast there would have been fewer analysts in 2011. Or actually, that's not a forecast as much as what would have really happened. Why, you ask?
It's as simple as whenever an analyst is wrong, you'll need at least one new analyst to make the right bet next time around, and the other one won't go out of business because the new one will likely be wrong too. This ball has been rolling for years, ultimately leading to an army of analysts that you and I ultimately pay the bills for whenever we make purchases of any kind.
There's often buzz about what the next great thing in tech will be, and often analysts do the talking. However, if you ask tech enthusiasts like us, we'd say the next and really big thing in technology will be the company that makes killer software for market analysis widely available.
Sometime in the future, you'll expect that a Web engine of some kind will give you good answers related to market analysis. Whether you're going to use such a feature or not, we can trust you it'll save us all quite a few dollars annually.
That said, there's no company out there that we know of that has such an engine under development today, so we guess we'll have to live with the uncertainties that comes with the current way of making forecasts. But one thing is still certain, it's easier to forecast next week's weather than next year's gadget sales numbers.
Our only advice to those who really need forecasts is to ask for mail-in rebate cards in case the forecast should turn out to be useless.
 |
|
|
|
|
|
_pt00.jpg)
_pt00.jpg)
_pt00.jpg)
_pt00.jpg)
|
Archive