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> There comes a time when data analysis becomes astrology. Excellent quote. It's counterintuitive but looking at what is most likely to happen according to the
by andirk 3y ago
> There comes a time when data analysis becomes astrology.
Excellent quote. It's counterintuitive but looking at what is most likely to happen according to the datasets presented can often miss the bigger picture.
- reacharavindh 3y agoThis. It is often the scope and context that determines logic. It is easy to build bubbles and stay comfy inside. Without revealing much, I asked a data scientist whose job it is to figure out bids on keywords and essentially control how much $ is spent on advertising something at a specific region about negative criteria. As in, are you sure you wouldn’t get this benefit even if you stopped spending the $ and his response was “look at all this evidence that our spend caused this x% increase in traffic and y% more conversions” and that was 2 years ago. My follow up question was - okay, now that the thing you advertised is popular, wouldn’t it be the more organic choice in the market, and we can stop spending the $ there? His answer was - look at what happened when we stopped the advertising in this small region in Germany 1.5 years ago! My common sense validation question still stands. I still believe he built a shiny good bubble 2 years ago, and refuses to reason with wider context, and second degree effects.
- robertlagrant 3y agoThe people who spend on marketing are not incentivised to spend less :)