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I have to explain this to managers, execs and stakeholders all the time. ML models work great for systems where the rules/dynamics do not change over time. Wit
by dcl 3mo ago
I have to explain this to managers, execs and stakeholders all the time. ML models work great for systems where the rules/dynamics do not change over time.
With Forecasting, in a lot of domains where you want a forecast, everything is subject to change - laws, policies, regs, customers appetites, competitors behaviours, etc.
- ekorkuda 2mo agoI highly relate to this. But I always had a hard time to explain this knowledge that is in an engaging and non-jargon way. How do you do it usually? do you have a script/slides/conversation transcript (can be just your vague memory of it) you can share to help me on this