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by danso 4860 days ago
And that's my problem with the OP. His argument is that obsession with data is bad. No: using data badly is bad. Having people who base political decisions on unsound, unaccountable methods is bad. Such a hypothesis is so obvious that it hardly seems worth an essay
1 comments

Perhaps he meant that the people in power generally do not understand the implications of models and their limitations. e.g. when the bank's CEO doesn't know what the quants are doing and how his bank is affected by their models, and doesn't care as long as they're "making money".