Listen to the NYT Daily podcast ep titled "The Lessons of 2016." These people still somehow think that Trump was some sort of probablistic abnormality, a long shot they could not possibly have seen coming. There's zero sense of responsibility re: predictive accuracy
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This is subtle but important: the media holds itself accountable for having *a good story about why it said what it said,* not for accuracy or a strong record of prediction.
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Are you sure? If Wuhan Coronavirus goes pandemic, and ppl didn't prepare w/ masks and rations for staying at home, won't the public blame the media?
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Wouldn't it be the opposite? If nCoV goes away, we'll forget about it (and those who prophesied doom around it). But if it blows up we'll remember who said what. Like we remember the people who predicted the real financial crisis, not those who predicted the non-existent ones.
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Name one media person, off the top of your head, who said the housing bubble stuff was overblown
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The lack of media concern is baffling from an incentive point of view — usually they default to creating hysteria. They’ve transitioned to deriding it. Why?
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At what point is it considered out of control? From the Chinese perspective I'd say it is already there. Reports of shortages due to shut factories, multiple entire cities quarantined. Multiple large cruise ships quarantined with dozens of confirmed cases.
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They have been wrong since the beginning. Now we find out that IT'S AIRBORNE! How can they expect anyone to trust them after this? They originally told us that it couldn't spread from person to person! I fear their hands will be covered in blood by the end of this.
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Or perhaps the media is, for once, listening to the experts. Should the CDC be worried about coronvirus? Yes. Should the general public in the US? No - only 12 cases.https://www.pressenza.com/2020/02/the-flu-has-killed-10000-americans-this-season/ …
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The "experts" never got anything significant right. Their expertise is in sounding smart. You should consider that this virus is new and we don't know how quickly it can spread, nor how deadly it really is. The number of deaths is multiplying quickly.
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