I emphasize the exponential-versus-linear perspective because it’s the most important failure that prognosticators make in considering future trends. ... Indeed, almost everyone I meet has a linear view of the future. That’s why people tend to overestimate what can be achieved in the short term (because we tend to leave out necessary details) but underestimate what can be achieved in the long term (because exponential growth is ignored).
Proxy Trap
Metrics become mirages when optimized directly.