Forbes.com has a great theme called ‘The future’. James Surowiecki has written a nice article on the role experts in prediction the future. He believes that the poor track record of forecasting is due to experts being subject to personal biases and that other methods of forecasting will prove better – especially prediction markets.

What do you think? Is Surowiecki to subjective or do you recognize the failure of experts to deliver good forecasts?
The article is called ‘Crowdsourcing the Crystal Ball’ and you can find it here.