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by counters
1076 days ago
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> I've heard about AI machine learning forecasts for 10+ years now, waiting for one of them to be actually used in industry... The problem is that they offer little to no advantage over the highly optimized ML-based forecast post-processing systems widely in use in the industry. You see an awful lot of hype from start-ups proclaiming their AI forecasts are "the most accurate ever"... when in reality they barely improve at all over the status quo that can be achieved with rather simple statistical modeling. |
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