NATE SILVER: 'There really was an elite media bubble'
Getty Images/Slaven Vlasic
The post, headlined "There Really Was A Liberal Media Bubble," concluded that "groupthink produced a failure of the 'wisdom of crowds' and an underestimate of Trump's chances."
"Much of The New York Times's coverage, for instance, implied that Clinton's odds were close to 100%," Silver wrote. "In an article on Oct. 17 - more than three weeks before Election Day - they portrayed the race as being effectively over, the only question being whether Clinton should seek a landslide or instead assist down-ballot Democrats."
He contended that the failure in predicting the outcome of the 2016 presidential election was "not so much with the polls but with the people who were analyzing them."
Silver has made a name for himself by predicting elections using data analysis. He predicted that Hillary Clinton, the Democratic nominee for president, would win, but put Trump's chances higher than other outlets did.
Silver discussed "unthinkably bias" that seemed to be present in the predictions for the 2016 election.
"Political experts aren't a very diverse group and tend to place a lot of faith in the opinions of other experts and other members of the political establishment," Silver wrote. "Once a consensus view is established, it tends to reinforce itself until and unless there's very compelling evidence for the contrary position. Social media, especially Twitter, can amplify the groupthink further. It can be an echo chamber."
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market