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Election 2012: Has Nate Silver destroyed punditry?

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After all, Nate Silver isn’t that special. That’s our second point. Many analysts produce prediction models based on lots of polls, plus the addition of economic indicators and other data. If you know your way around a regression analysis, it isn’t that hard.

Political scientist Josh Putnam of Davidson College did a math-based forecast at his Frontloading HQ blog, and he was dead-on, just like Silver. Sam Wang and the Princeton Election Consortium thought Romney would win Florida, but got everything else right.

Heading into the next election cycle, more and more media outlets will want their own Nate Silvers. After all, in the run-up to Election Day, 20 percent of all New York Times web visits included a stop at Silver’s FiveThirtyEight blog. In that sense Silver has dented the old way of doing things, which may never be quite the same. The future of political journalism includes more numbers. We, um, veteran types will have to get used to that fact.

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