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Hofstadter's law is a self-referential adage, coined by Douglas Hofstadter in his book Gödel, Escher, Bach: An Eternal Golden Braid (1979) to describe the widely experienced difficulty of accurately estimating the time it will take to complete tasks of substantial complexity: [1] [2]
The Sydney Opera House was expected to be completed in 1963. A scaled-down version opened in 1973, a decade later. The original cost was estimated at $7 million, but its delayed completion led to a cost of $102 million. [10] The Eurofighter Typhoon defense project took six years longer than expected, with an overrun cost of 8 billion euros. [10]
Illusory truth effect (Illusion-of-truth effect) People are more likely to identify as true statements those they have previously heard (even if they cannot consciously remember having heard them), regardless of the actual validity of the statement. In other words, a person is more likely to believe a familiar statement than an unfamiliar one.
Surgery isn’t always predictable. Complications happen. Even so, Anthem Blue Cross Blue Shield, a health insurance provider, plans to set limits on the anesthesia time it will cover in certain ...
Fed Chair Jerome Powell signaled that it will likely take longer to cut rates, saying it will take 'longer than expected' to achieve the confidence needed to get inflation down to the central bank ...
"The easing bias many people had expected earlier in the year seems to be evaporating pretty quickly," Pimco head of short-term portfolio management Jerome Schneider said to Yahoo Finance.
Along with numerals, and special-purpose words like some, any, much, more, every, and all, they are quantifiers. Quantifiers are a kind of determiner and occur in many constructions with other determiners, like articles: e.g., two dozen or more than a score. Scientific non-numerical quantities are represented as SI units.
Federal Reserve Chair Jerome Powell confirmed Wednesday that the central bank is pushing back its plans for rate cuts as inflation plateaus well above the bank’s target. The Federal Open Markets ...