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Prophet isn't necessarily new either. It's "just" a linear model, with some specially-crafted features that work well for the specific problems that Facebook/Me
by nerdponx 3y ago
Prophet isn't necessarily new either. It's "just" a linear model, with some specially-crafted features that work well for the specific problems that Facebook/Meta had at the time when they built it.
It's also not considered a good general default choice for time series forecasting, but that's another story.