[steppi]

I spent some time in industry working on ML-based credit risk modeling. In my experience, successful shops that have a genuine interest in applying their models to practical decision making with real stakes care deeply about uncertainty quantification and decision theory. Things can get messy very fast though and the challenges faced are often too hyper-specific to one's situation to make sense as part of an academic research program. I think it's been for the best that academic research has tended to focus on the development of general algorithms intended to be broadly useful. Businesses are already well incentivized to take the best of what academia produces and try to get the decision theory right for their particular problems.