Comment on The Economist on using phrenology for hiring and lending decisions: "Some might argue that face-based analysis is more meritocratic" […] "For people without access to credit, that could be a blessing"

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humanspiral@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

A classification problem is correlation vs causation. Sunspots and mini skirts have been correlated with stock market returns to some degree, but it tends to be a tenuous connection not guaranteed to hold up over time, or to actually have any meaningful relevance whatsoever. It’s easy to oversell models.

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