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As we advance we find more and more frequently that we can in fact ascertain only some but not all the particular circumstances which determine the outcome of a given process; and in consequence we are able to predict only some but not all the properties of the result we have to expect. Often all that we shall be able to predict will be some abstract characteristic of the pattern that will appear - relations between kinds of elements about which individually we know very little. Yet, as I am anxious to repeat, we will still achieve predictions which can be falsified and which therefore are of empirical significance. Of course, compared with the precise predictions we have learnt to expect in the physical sciences, this sort of mere pattern predictions is a second best with which one does not like to have to be content. Yet the danger of which I want to warn is precisely the belief that in order to have a claim to be accepted as scientific it is necessary to achieve more. This way lies charlatanism and worse. To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm.

Friedrich Hayek#116

ScienceComplexityPredictionUncertainty

About this quote

What does it mean?
We can only predict abstract patterns in complex systems, not precise outcomes.
In plain terms
Predictions show patterns but not exact details in complex events.
What can you take from it?
Accept pattern prediction when precise prediction fails.

Where it applies

  • forecasting
  • scientific modeling

Putting it to work

  • use statistical forecasts
  • avoid overconfidence

Questions to consider

  • How much can we know?
  • Is a enough?

Another view

Specific predictions remain vital for engineering and medicine.

More from Friedrich Hayek

  1. The chief point we must remember is that the great and rapid advance of the physical sciences took place in fields where it proved that explanation and predict…

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  2. In the physical sciences there may be little objection to trying to do the impossible; one might even feel that one ought not to discourage the over-confident …

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  3. If I am not mistaken, psychology, psychiatry and some branches of sociology, not to speak about the so-called philosophy of history, are even more affected by …

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