4 ms·
ML techniques certainly are being used to predict the weather, maybe just not at NOAA or the Weather Channel. The weather derivative industry[0] is an $8 billio
by desdiv 12y ago
ML techniques certainly are being used to predict the weather, maybe just not at NOAA or the Weather Channel. The weather derivative industry[0] is an $8 billion dollar industry, making it larger than the entire rocket launch industry (public and private combined). Just as there are Elon Musks in the rocket launch industry, there are maverick hedge funds out there making a killing by predicting the weather using the latest Big Data tools.
[0] http://en.wikipedia.org/wiki/Weather_derivative http://en.wikipedia.org/wiki/Weather_derivative