One Source of Media Irrelevance These Days

Pundits Can be Wrong, Just Not Boring from The Week
"Everyone gets it wrong sometimes, and in this regard, Kristol is hardly alone. But there seems to be no disincentive for doing so. As James Surowiecki writes in the The New Yorker (regarding Malaysia Airlines Flight 370), "There are forecasting professions where this happens: stock analysts who err are more likely to get fired. But in the media mistaken conjectures tend to be quickly forgotten, so there's little downside to being bold and wrong."