Well from what i have learned about this, the so called "Butterfly Effect" talks about how a small change in a system can lead to a gigantic or significat change with time. Now to observe a change in a system you would have had to already have run it before. Let's say you have a model of Earth enclosed so that no outside force or thing could effect it. Now let's run the simulation. You will see that if you don't change anything in it, the same thing will always happen. Now let's say you put a fan in it. the fan is not noticably strong in any sense. If the fan has a big enough impact you could end up with an Earth that is completely changed, maybe there would be more huricanes, or less or anything really. So since we can not change the past I don't know how this "effect" can be felt if we haven't changed anything. Now as for knowing the Future, this could work. Once we figure out how to do that