Fact Check: Humans cannot honestly know the future. It only partially predicts the future within limited scenarios and conditions. The weather forecast is an example. When you look back at the past from the present, you can understand the situation relatively accurately, but you did not fully grasp what the event was like at that time. Later, we only justify the past. One instance of preparing for a probabilistically unstable future is to consider the statistic that lowering the speed limit on highways can reduce the accident rate. However, the most reliable prediction method is to assume the future is unknown and to act only after confirming the current situation. Fact-checking is crucial in business management and investing. Avoid hasty forecasts; instead, wait until you have verified the information before acting. - Joseph’s “just my thoughts”
In September 1999, NASA’s unmanned Mars climate probe “MCO” exploded in Mars’ orbit. Manufacturer Lockheed Martin set up the data unit as a “yard,” but NASA mistook it as a “meter.” The MCO entered the atmosphere of Mars 100 km below the original orbit and exploded in friction. Communication error had blown away $ 125 million. With this opportunity, NASA decided that the units used in space development were “meters”. A slip of the tongue in business doesn’t end just a mistake accidentally. It must undoubtedly damage the “cash flow”. - Joseph’s “just my thoughts”