I don't think so. For example, newspaper profits were near their all time high in 2008[1]. Following trends of newspaper profitability would not have lead an observer to predict the massive collapse of that industry in the subsequent years.
> If you depend on current trends for you thinking, you'll never predict the future.
is itself an observation about current trends in the efficacy of predicting the future, and therefore, if it's true, must be false.
The statement could still be wrong, but not for the reason you cite.