Recent quotes:

Uncertainty Is An Impossible Sell | William M. Briggs

f you want to set up business as a data scientist (the newfangled term by which statisticians are beginning to call themselves), the lesson is this: promise the moon and charge like you’re actually going there. Failure is rarely punished and never remembered. Uncertainty is the same tough sell in science. The way to do statistics (or machine learning, or AI, or whatever) properly, like I’m always saying, is to use whatever model you have to predict new, never-before-seen data. If your model works, you’ll make good predictions. If not, not. Problem is, this method is necessarily less certain than the old ways of doing things. Doing it the right way makes it look like you know a hell of a lot less.
#wmbriggs #uncertainty - wmbriggs.com