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Forecasting can help us get a better sense of what will happen in the future, so that we can prepare appropriately. It is a significant aspect of EA strategy around pandemic preparedness, AI alignment, and many other topics. 

Further reading

Evidence on good forecasting practices from the Good Judgment Project: an accompanying blog post

AI forecasting | estimating existential risk | improving institutional decision-making | Metaculus | model uncertainty | prediction markets | value of information