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Thought this was interesting. Across 160 teams of researchers, just about all failed to make good life outcome predictions on things like GPA, evictions, layoffs, and others. Data followed 4.5k families across 15 years, with 13k features (varied over time). Haven't looked at it directly yet, but will be turning the docs and data inside out... In the meantime, authors claim this as showing the limits of ML. Oh, and it's published in PNAS, so you know there's some big publication energy there.
https://www.pnas.org/content/117/15/8398
Is this correct?

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Definitely not unethical.
Some companies do recruiting just to check the market and without an intent to recruit anyone.
Is it unethical? Yeah absolutely, you’re depriving genuine applicants the opportunity. Would anyone blame you? Probably not- There’s so much ridiculousness in the interviewing system that I think anything seems acceptable (ghosting, low balling candidate comp, the list goes on)
We used to interview candidates at other firms to find out what our competitors were doing to make sure we weren’t behind the curve for God’s sake! (#GoldmanSachs)
Not bitter, I’ve only ever worked for 2 companies so have thankfully been spared any shenanigans. More just disappointed in a system where everyone plays games to try and ‘win one over’. I see a lot of what our department’s salaries are and the range for the same role is pretty wide. People get different bonuses often as a result of ‘how much of a fuss they kick up before bonus season’. Yes capitalist system blah blah but wouldn’t it be nice if you’re just paid what you’re worth and what you’re worth is not defined solely by how well you negotiated. I’d still say to OP he should go ahead, it’s just a shame that’s how the whole system works. 🤷🏻♂️
Lol. It could be a waste of time for some people, but no not unethical
I’ve been doing it for nearly 10yrs!
Not at all
Nope!