Hindsight is wonderful

Posted on Wednesday, 9 June, 2010 By yours truly | TOOLS: Talk or Share

No problem can be solved from the same level of consciousness that created it. — Albert Einstein

Image: chemicallygreen.com

Hindsight bias is the inclination to see events that have occurred as more predictable than they in fact were before they took place. Hindsight bias has been demonstrated experimentally in a variety of settings, including politics, games and medicine. In psychological experiments of hindsight bias, subjects also tend to remember their predictions of future events as having been stronger than they actually were, in those cases where those predictions turn out correct. This inaccurate assessment of reality after it has occurred is also referred to as ‘creeping determinism.’”Wikidpedia

BP would have done all those things differently if they could turn back time, I’m sure.

Read: British Petroleum has a long record of bold claims and clever slogans.

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  • I don’t think Wikepia is generally accepted in blogging world because of ease of data being changed. LOL

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