The gap between AI and traditional risk modelling is substantial. Traditional models often fall short when dealing with complex, non-linear relationships. In contrast, AI models thrive in detecting ...

Comparing a traditional academic career path or BSD ('Big Shining Doctorate') with the real-life careers of four investigators. In a new perspective article, the four argue for more recognition of non ...

Are Machine Learning (ML) algorithms superior to traditional econometric models for GDP nowcasting in a time series setting? Based on our evaluation of all models from both classes ever used in ...

A groundbreaking AI model, GenCast, is revolutionizing weather forecasting by generating rapid, probabilistic global predictions for up to 15 days. Unlike traditional methods, it captures uncertainty ...