Tuesday, April 27, 2021

Incorporating surprises into Predictive Analytics

Not a Predictive Visualization
© 2019 Charlene Brown

Computers are capable of pattern recognition, trend analysis, extrapolation and prediction if the task can be formulated and solved mathematically.

But surprises Black Swans or Wild Cards such as Alicorns can alter the data.  When that happens, computerized analytics must yield to common sense, imagination, heuristic exploration of possibilities and visualization.

I’ll write more about these and other surprises in a blog post about my recent Future Forecasting class at the University of Victoria.