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Forget the Davos Joke. Last Year's Predictions Turned Out Right

Last year's pundits are due greater respect than the old joke might indicate
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Robotics: The Latest Davos Buzzword

An evergreen joke among speakers at the World Economic Forum’s annual meeting in Davos warns against making predictions. Whatever you say, the punchline goes, will be proven wrong.

Remember 2005? Microsoft  founder Bill Gates declared "the ol' dollar, it’s gonna go down." A year later, the greenback had risen 15 percent against the yen and 14 percent vs. the euro.