Ryan's Journal

"My life amounts to no more than one drop in a limitless ocean. Yet what is any ocean, but a multitude of drops?" — David Mitchell

2017 Predictions – the Aftermath

Posted from Culver City, California at 10:55 pm, February 5th, 2018

In what has become an annual tradition, at the beginning of 2017 I made fifteen predictions about the coming year. In what has also become an annual tradition, I was horribly wrong about most of them. Scorecards from past years prove without a doubt that I do not have the powers of Nostradamus, and the following tally of 2017’s glorious ineptitude merely reinforces that fact. I remain undaunted, however, and will be back with predictions for 2018 in an upcoming journal entry.

Without further ado, here’s the recap of 2017:

  1. While Tesla says it will begin volume production of the Model-3 in the second half of 2017, they will miss that goal slightly, delivering only between 4-8,000 vehicles by the end of the year.

    WRONG Tesla actually did far worse than even I expected, delivering just 1,550 Model-3 vehicles in 2017. As late as August 2017 Tesla was estimating deliveries of around 25,000 vehicles, so this was a pretty huge miss for them, although demand for the vehicle seems to be robust so there is an enormous amount of potential revenue awaiting them if they can get volumes up.

  2. The Browns will trade at least one of their two first round draft picks.

    CORRECT The Browns traded their #12 pick to the Texans for the #25 pick and what became the #4 pick in this year’s draft. For any other team that would be an amazing haul, but since it’s the Browns, the player the Texans took at #12 – Deshaun Watson – looks to have all the makings of the league’s next great QB. Luckily the 2018 NFL Draft is less than three months away.

  3. By the end of the year there will be rumblings in tech publications and among shareholders calling for Tim Cook’s ouster as Apple CEO.

    WRONG I was WAY off in my predictions about the stock market – I assumed it was due for a correction, but instead stocks rose over 30%, and in that environment very few CEOs are going to be losing their jobs, much less the head of the world’s most valuable company. For the record, I think Apple has lost its way and needs a leader who can provide a sensible vision, and while Tim Cook may be great at supply chains and logistics, it doesn’t inspire confidence that every year he proclaims his newest iPhone to be “magical” because it is 0.001 mm thinner and has a camera with an extra few pixels.

  4. Donald Trump’s favorability ratings will fall from the current 45% to between 27-32% by the end of the year, and there will be talk of impeachment from both sides of the aisle.

    WRONG While his 38% approval rating at the end of the year is a record low for a President in his first year, I was very wrong about how the Republican Party, whose members in many cases skipped or only reluctantly attended their own nominating convention in the summer of 2016, and Fox News, a network that once feuded with candidate Trump to the point that he didn’t attend one of their sponsored debates, would fall in line behind a President Trump.

  5. The stock market will end the year down about ten percent, finishing between 16,500 and 17,500.

    WRONG The market closed 2017 at 24,719, up 25.1%. This was a big miss on my part, but the correction I expected in 2017 may be now happening a few months later – as I write this entry the stock market has dropped 1,800 points in two days.

  6. Hidden Figures (which I haven’t seen) will win the Best Picture Oscar.

    WRONG But in my defense, even the Oscar ceremony didn’t get the Best Picture Oscar right.

  7. SpaceX will not launch a human spaceflight mission, nor will it launch its new Falcon Heavy rocket, but it will re-fly one of its previously-flown rockets, and will complete at least twenty total missions without another accident.

    CORRECT I’m going to count this prediction as a win, despite the fact that they had 18 launches instead of 20. Their previous best year was 2016 when the had eight successful missions, so they more than doubled their previous record, they became the first company to re-fly a rocket, and I correctly predicted the delay in both the Falcon Heavy and manned missions. That puts me at a miserable two out of seven correct predictions, and it’s not going to get much better…

  8. At least one of the following companies will be purchased by the year’s end: Twitter, Spotify, or Lyft.

    WRONG I didn’t foresee Uber repeatedly shooting itself in the foot and leaving Lyft looking stellar by comparison, or Apple Music failing to do anything to meaningfully distinguish itself from Spotify, and I continue to be mystified by Twitter’s business model. In any case, this prediction was another one that was spectacularly wrong.

  9. The next Star Wars movie will significantly under-perform the domestic box office take of $936 million earned by The Force Awakens; I’ll predict its box office ends up in the $500-600 million range.

    WRONG As of February 4, The Force Awakens has a domestic box office total of $614 million; it’s tempting to count this prediction as correct since I’m so close, but close is relative – for all but a handful of very rich people, $14 million isn’t really a number that should just be shrugged off, so this one needs to go down as wrong despite a really, really strong argument for partial credit.

  10. Obamacare will not be repealed or replaced in any meaningful way.

    CORRECT I was surprised that Republicans got to the point where only John McCain’s thumb saved Obamacare from significant changes, but in the end their years of promises to “repeal and replace” hit the hard reality that “replace” is an easy thing to say and a very difficult thing to do.

  11. By the end of the year ESPN & the Discovery network will offer streaming services, while one or both of Netflix and Amazon will find a way to offer local channels.

    WRONG I’m amazed at how badly content providers are doing in adjusting to the new reality that people are moving away from traditional cable and towards streaming services like Netflix and Hulu. While ESPN has (finally) announced a streaming service, details are scant and it won’t launch until later this year (at the soonest), while most other networks seem to have their heads in the sand. Meanwhile, although YouTube and DirecTV stream local channels, I was wrong about the interest by other services in providing a full-fledged replacement for cable TV.

  12. The coming actions that Trump and the Republican Congress will take against LGBT rights, abortion rights, the environment, and other issues will create a huge amount of anger on the Left that will manifest itself in similar ways to what was seen with the Tea Party.

    CORRECT While it doesn’t yet appear that Democrats are going to quite the extremes that the Tea Party did (no major Democrats seem to be in danger of losing their seats in primaries), there was sufficient anger to create a two day government shutdown, a huge backlash against any sign of Senators supporting Trump nominees, and a massive amount of anger directed towards Washington. While this prediction may seem obvious in retrospect, I get a lot of “obvious” predictions wrong, and am thus still going to count this one as correct.

  13. The Russian election hacking story will just be the beginning of ongoing cyberattacks that will continue in 2017 in an effort to undermine American credibility both domestically and internationally.

    WRONG While Russia appears to be gearing up to try and influence the 2018 elections, the fact that investigations into Russian hacking have become politicized has made it very difficult to determine if the attacks are continuing or not; in any case, they have not been the major story that I expected they would be. I’m biased based on my field of work, but in my mind cyberattacks and attempts by a foreign power to divide Americans by manipulating social media are threats that should be taken much, much more seriously, and it should be a topmost priority of the NSA and similar organizations to identify and shut down foreign bots and fake accounts as quickly as possible.

  14. Google will announce an operating system to compete with Windows & OSX

    WRONG While Google apparently has an operating system in testing, they barely acknowledge it exists and most definitely didn’t announce it as a Windows competitor in 2017. In all honesty, I didn’t really think this prediction was going to come true when I wrote it, but I’d been working on the “predictions” journal entry for a few days and just couldn’t come up with anything better.

  15. The next season of Game of Thrones is going to kill off Cersei Lannister and Littlefinger.

    (Spoiler alert) HALF CREDIT Game of Thrones is a really interesting show, with excellent characters and compelling storylines, but now that the show has pushed beyond the books it’s clear that the twisted mind of George R. R. Martin was not guiding the demise of one of his best characters – Lord Baelish deserved a more devious ending than what he got.

Final score: 4.5 out of 15 (30%), making this only my sixth worst showing (out of nine years). WOO HOO! Predictions for 2018 will be online in the coming days.

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