This explains why our models are about as good as they are likely to get. If you still have questions I will try to answer them in a way you can understand.
WWG1WGA
Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)
Chaos theory is way above my intellectual pay grade so maybe I’m just being dim, but I have a hard time thinking that we can’t improve our forecasting. If the models aren’t the problem, maybe more data would help. And I’m pretty sure we can always collect more and better data.
We’re human. There’s always room for improvement in our endeavors :-)