Vision vs Revelation and why it makes a big difference
(18) Where there is no revelation, the people cast off restraint;
But happy is he who keeps the law.
All these renderings show a measure of cause and effect. The vision a person has is the cause, and the effect is the way he then conducts his life. Where there is a true vision, or revelation of God, it motivates those who have reverence for it to conduct their lives in a way that produces good fruit - happiness. If the vision that guides is not from God, the people are motivated to "run wild" or "cast off restraint." That is, they will not discipline themselves to take proper responsibility, and the result is they perish - quite a contrast to the satisfying result of keeping God's laws!
There can be no doubt about what vision produces. It enhances our perception of what will occur or be produced if a certain course is followed. Thus, it increases our discernment and sharpens our judgment about which way we should go. If the vision, the foreseen result, seems good to a person, he is motivated to proceed in that direction. When vision and the fear of God combine, they produce a strong stimulus to obey Him. Vision gives a mental picture of results, and the deep and abiding respect for God produces a compelling inclination to please Him.
— John W. Ritenbaugh
They change this well known verse, a mainstay of our faith, to the corrupted filth of new translations The NKJV is very similar to NIV Vatican whore. But notice your link says KJV. They are subverting readers to believe new translations ste better.
Why this is a big deal:
Here’s a link that goes in depth of how a closed vision vs open vision with Daniel operated and the language used. Again we clearly understand that Daniel was watching events visually. LINK
Hosea 4:6 King James Version (KJV). 6 My people are destroyed for lack of knowledge: because thou hast rejected knowledge, I will also reject thee, that thou shalt be no priest to me: seeing thou hast forgotten the law of thy God, I will also forget thy children.