The Predictability Window: How Far Can We See?
Some things feel like a sure bet. Halley’s Comet? Back every 76 years. Eclipses? Right on time. The solar system? Steady for millions of years. These have long “predictability windows”—timeframes where forecasts hold strong (Strogatz, 2018). But other stuff? Not so much. Electricity flickers in milliseconds, weather flips in days, and economies? Good luck seeing beyond a few months.
Take the COVID pandemic—when it hit in 2020, companies that hadn’t braced for a global shutdown got slammed. Supply chains froze, stores emptied, and businesses banking on steady growth scrambled as the economy spiraled into chaos they never saw coming.
Lorenz (1963) called this “deterministic non-periodic flow”—fancy talk for “things that don’t repeat nicely are a nightmare to predict.” Old-school physics works great inside these windows, but chaos theory warns: Step outside the predictability window, and even the best tools flop. Those 1980s weather-control dreams crashed because the weather’s window is too tight and twitchy.