Yes, but it is hard, and they don't work well. They can, however, be done at least slightly better.
Good Judgement was asked to forecast the risk of a nuclear war in the next year - which helps somewhat with the time frame question. Unfortunately, the brier score incentives are still really weak.
Ozzie Gooen and others have talked a lot about how to make forecasting better. Some of the ideas that he has suggested relate to how to forecast longer term questions. I can't find a link to a public document, but here's one example (which may have been someone else's suggestion):
You ask people to forecast what probability people will assign in 5 years to the question "will there be a nuclear war by 2100?" (You might also ask whether there will be a nuclear war in the next 5 years, of course.) By using this trick, you can have the question (s) resolve in 5 years, and have an approximate answer based on iterated expectation. But extending this, you can also have them predict what probability people will assign in 5 years to the probability they will assign in another 5 years to the question "will there be a nuclear war by 2100" - and by chaining predictions like this, you can transform very long term questions into series of shorter term questions.
There is other work in this vein, but to simplify, all of it takes the form "can we do something clever to slightly reduce the issues that exist with the fundamentally hard question of getting short term answers to long term questions." As far as I can see, there aren't any simple answers.
As someone who is one of the most active users of Metaculus (particularly 2 months ago), I find a lot of the Metaculus estimates on existential risk pretty suspicious:
As another very active user of metaculus recently, who's come from an EA background, I basically agree with all of the above, except that I don't think all the users are joking about betting low on the existential questions.
I find it hard to parse where our disagreement is. Can you point me to what quote you disagree with?
"Indeed, some people have actually joked betting low on the more existential questions since they won't get a score if we're all dead (at least, I hope they're joking)"
I think several of them aren't joking, they care more about feeling "smart" because they've gamed the system than the long-term potential consequences of inaccurate forecasts.
I do, like you, really hope that I'm wrong and they are in fact joking.
Thanks, this is quite useful. I hadn't considered the issue of incentives sufficiently before, and the OP and your comment make me put less weight on the Metaculus x-risk forecasts than I did previously.
(Though I didn't put a lot of absolute weight on them, and I can't think of any decision or downstream discussion that would be significantly affected by the update on Metaculus.)
Thanks for the answer.
Will MacAskill mentioned in this comment that he'd 'expect that, say, a panel of superforecasters, after being exposed to all the arguments, would be closer to my view than to the median FHI view.'
You're a good forecaster right? Does it seem right to you that a panel of good forecasters would come to something like Will's view, rather than the median FHI view?
I'm not sure. I mentioned as a reply to that comment that I was unimpressed with the ability of existing "good" forecasters to think about low-probability and otherwise out-of-distribution problems. My guess is that they'd change their minds if "exposed" to all the arguments, and specifically have views very close to the median FHI view, if "exposed" -> reading the existing arguments very carefully and put lots of careful thought into them. However, I think this is a very tough judgement call, and does seem like the type of thing that'd be really bad if we get it wrong!
My beliefs here are also tightly linked to me thinking that the median FHI view is more likely to be correct than Will's view, and it is a well-known bias that people think their views are more common/correct than they actually are.