Word of the Day: Wishcasting

Noun. wishcasting

The act of interpreting information or a situation in a way that casts it as favorable or desired, despite the fact that there is no evidence for such a conclusion; a wishful forecast.

Wikipedia

2020, Sarah Longwell, What Did They Think Would Happen?, in The Bulwark:

We have an incurious narcissist of a president who was warned over and over by his advisors about an imminent pandemic. He ignored them. Then he engaged in “one day it will just disappear” wishcasting instead of spearheading a coordinated federal response.

2024, Joe Fassler, Cultivated Meat’s Empty Promise of Revolution, in The New York Times:

As familiar as cultivated meat’s bumpy trajectory may be, one thing stands out: The industry, and in particular, its two biggest players, Upside Foods and Eat Just, built expensive facilities and pushed for government approval before they had overcome the most fundamental technological challenges.

At a cellular agriculture summit last month at Tufts, a biotech expert, Dave Humbird, said the industry had “wishcast” its way to market readiness, something he’s never seen work. His prediction for the future of cultivated meat: “R & D will go back into academia. And that’s probably a good thing.”

His extensive analysis in the peer-reviewed journal Biotechnology and Bioengineering found that the costs of production at cultivated meat facilities would “likely preclude the affordability of their products as food.”