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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]
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 policy was set to take effect on February 1, 2025. ... In other words, if a procedure takes longer than expected, patients may wake up to an unexpected bill. But now, the company says the plan ...
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.
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 television industry won’t waste any time when it comes to getting back to work following the end of the SAG-AFTRA strike. With a focus on broadcast shows, prep and pre-production are well ...
Murphy's law [a] is an adage or epigram that is typically stated as: "Anything that can go wrong will go wrong.".. Though similar statements and concepts have been made over the course of history, the law itself was coined by, and named after, American aerospace engineer Edward A. Murphy Jr.; its exact origins are debated, but it is generally agreed it originated from Murphy and his team ...
"The recent data have clearly not given us greater confidence and instead indicate that it's likely to take longer than expected to achieve that confidence," Powell said Tuesday while speaking at ...