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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
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Additional Posts in Consulting
Anyone heard of IBB consulting? Worth going to?
Best consulting firms without the massive ego?
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Rising Star
Recruiting has one of the lowest barriers to entry in the corporate world, so a lot of stupid people get into big-name companies during times of growth, chug the corporate kool aid, make the corporate brand their identity, and play gatekeeper towards others.
Then they’re the first to get cut because they add minimal value, and the company replaces them with some 22 year old sorority girl for half the pay during an economic downturn.
As opposed to consulting where the barrier to entry for recently graduated new hires is nepotism & connections? Pretty sure they call us power point monkeys too
Because if a company is doing cuts/hiring freezes - what’s the purpose of paying people (recruiters) to not do a job?
Why should loving your job make you safe from a layoff? I don’t see the connection here