The Parable of Google Flu: Traps in Big Data Analysis, from Steve Stigler
It seems like computer science people are finally discovering ever-changing cycles.
"The Parable of Google Flu: Traps in Big Data Analysis"
Victor Niederhoffer asks:
Do you believe ever changing cycles are related to the regression fallacy in any systematic way?
Steve Stigler writes:
No. EC Cycles is a real change — a reaction. But regression is only a selection effect. Google Flu works. Google changes to add ads around it and draws more clicks. Google Flu stops working. Analysts adjust. Etc.