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Now that we have seen the various types of event predictions that are made, it would be apt to consider the merits and demerits of these event predictions. How exactly are event predictions useful, and where do they start being a bane is something worth giving a thought to, as it will increase in the awareness amongst people.

Advantages of Event Predictions:

If not for the event prediction in terms of the weather and other demographic conditions, various climatic and environmental changes could never have been foreseen. That would result in huge losses in case of both life and property each time something big strikes. Like say, the occurrence of an earthquake or the position of the epicenter isn’t known until the moment the earthquake strikes. If the earthquake strikes at some place close to human habitation, lot of people might end up losing their lives, before even getting the time to evacuate. Hence, Event predictions in terms of occurrence of earthquakes and similar such calamities is very important.

Furthermore, event predictions of other climatic conditions like the presence of fog, occurrence of thunderstorms, occurrence of tsunamis, etc is also of importance, because it affects major industries like the aviation industry and the marine industry. Losses incurred to those industries in case of disasters are beyond imagination. Similarly, event predictions are very important for the proper functioning of many other industries too.

Disadvantages of Event Predictions:

Though the advantages of event predictions seem to overpower its disadvantages, there is no reason why one should not be aware of the demerits too. The major disadvantage of Event predictions is regarding the betting scenario. Betting has proven to get very addictive in many people, and pretty soon, there might be a scenario wherein individuals lose their money to betting over the event prediction topics, and such a thing is not desirable. The March Madness in the NBA scenario is a typical example of such a thing.

            That aspect apart, event predictions into more serious topics have also in the past given rise to psychic predictions and similar such baseless predictions and such event predictions could mislead people, which is never a good thing. In short, one needs to be extra careful while following the event predictions for any cause, and must trust on reliable sources only.

 


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