Vivek Wadhwa in the Washington Post:
History is littered with the failed predictions of experts. Yet governments hire high-paid consultants to advise on policy; businesses use them to vet research and development projects; and venture capitalists have them make investment decisions. Experts excel in looking backwards, protecting their turf, and saying what their clients want to hear. Their short-term predictions are sometimes right, but they are almost always wrong in forecasting any more-distant future.More here
Experts are the greatest inhibitors of innovation—the ones who shouldn’t be listened to. Peter Diamandis says it best: “An expert is someone who can tell you exactly how it can’t be done.”
