I just finished reading Nate Silver’s newish book, The Signal and the Noise: Why so many predictions fail – but some don’t.
The good news
First off, let me say this: I’m very happy that people are reading a book on modeling in such huge numbers – it’s currently eighth on the New York Times best seller list and it’s been on the list for nine weeks. This means people are starting to really care about modeling, both how it can help us remove biases to clarify reality and how it can institutionalize those same biases and go bad.
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