IBM: Predictive Intelligence, Advanced Analytics And The Future Of Risk-Aware Decision Making

“Weather forecasters are the only people to be wrong half the time and still get paid.” This is a saying to reflect the belief many people have pertaining to weather forecasters’ abilities. Meteorology is an incredibly challenging field, and the fact that weather forecasts are occasionally inaccurate has more to do with predicting events in an incredibly complex system than the professional skills of weather forecasters.

There are a lot of similarities between risk management and weather

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