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For social science forecasts, there are a few famous examples of forecasts with large errors, including There's no chance that the iPhone is going to

For social science forecasts, there are a few famous examples of forecasts with large errors, including

"There's no chance that the iPhone is going to get any significant market share."

Steve Ballmer, CEO of Microsoft, 2007

"I think there's a world market for maybe five computers."

Thomas Watson, Chairman of IBM, 1943

Infer two (2) reasons why in the social sciences, the forecast errors can be large.

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