The Covid-driven business/economic crisis reveals the Achilles heel of data science and machine learning, namely the use of historical data and relationships to forecast the future. You cannot forecast an "unprecedented" situation. You can stress test for it, and you can do scenario analysis. But forget about forecasting.
--
Financier by profession. Economist by training. Data scientist & essayist by inclination.
Love podcasts or audiobooks? Learn on the go with our new app.