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“Telling the future by looking at the past assumes that conditions remain constant. This is like driving a car by looking in the rearview mirror.” quote by Anonymous
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“Telling the future by looking at the past assumes that conditions remain constant. This is like driving a car by looking in the rearview mirror.”

Anonymous

About This Quote

Source Essay: Forecasting and History, 2018

Predicting future trends by only looking at past data ignores change.

In simple terms: Past isn’t always a guide.

Key Takeaway

Incorporate new variables.

Themes

prediction history change

Mood

critical thoughtful

Type

analytical cautionary

When to use this quote

  • business planning
  • policy making
  • technology development

Key Concepts

systems theory forecasting methods

Questions to Reflect On

  • What variables are missing?
  • How can you adapt forecasts?
A Different Perspective

Assuming constancy can lead to errors.

3.2 out of 5 (10 ratings)

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