ok, so this thread in response to this
Basically, the argument is this. Chibi started telling Immortal he was doing something stupid by predicting lifetime sales of the psp and ps3. The thing that Chibi had a problem with is that he was predicting ( or at least used the word predict) because there were too many variables in game sales to come up with an accurate lifetime prediction. Chibi seems to think you need to know every variable and must be completely informed of every detail and facet of a thing before you can make a prediction
Now, my problem with this is that predictions are nothing but guesses. If you look at the definition of a prediction you will see things like
1. The act of predicting.
2. Something foretold or predicted; a prophecy.
link
or
A prediction or forecast is a statement about the way things will happen in the future, often but not always based on experience or knowledge link
or
- the act of predicting (as by reasoning about the future)
- a statement made about the future link
Now, nowhere in any of these definitions do I see the need to know every variable in order to make a "prediction." A prediction appears to be defined as nothing more than a statement made about a possible future event that may or may not use knowledge, experience, reasoning, etc.
So, my question is... is Chibi right in saying that predicting lifetime sales of a console is stupid because we don't have all the facts yet? Can we not use historical trends, current trends, sales data, etc. in order to come up with predictions? Is the act of making a lifetime prediction of hardware sales "stupid?"
What do you think VGChartz?