

The problem here is education.
And I’m not just talking about “average joes” who don’t know the first thing about statistics. It is mind-boggling how many people with advanced degrees do not understand the difference between correlation and causation, and will argue until they’re blue in the face that it doesn’t affect results.
AI is not helping. Modern machine learning is basically a correlation engine with no concept of causation. The idea of using it to predict the future is dead on arrival. The idea of using it in any prescriptive role in social sciences is grotesque; it will never be more than a violation of human dignity.
Billions upon billions of dollars are being invested in putting lipstick on that pig. At this point it is more lipstick than pig.






I blame Apple for setting the standard of $1-$3 for an app with lifetime updates. And also for making it so old apps stop working on newer OSes after just a few years. The business model was broken from the start. It was great at first but the bubble burst in record time.
That was nearly unheard of just 20 years ago.