Phys .org: Predictive algorithms are no better at telling the future than a crystal ball

Phys .org: Predictive algorithms are no better at telling the future than a crystal ball . “Predictive analytics powered by algorithms are designed to help managers make decisions that favourably impact the bottom line. The global market for this technology is expected to grow from US$3.9 billion in 2016 to US$14.9 billion by 2023. Despite the promise, predictive algorithms are as mythical as the crystal ball of ancient times.”