Are You Using a Black Box Model?

Most industry applications are highly stable, routine things. If you're doing a little bit of accounting data and so on, that's where AI is much better than we. But if you want to predict the behavior of maybe six year olds in 10 years ahead, it's not going well. We know now that very simple models just look at two or three variables,. typical age and gender and previous convictions do as well than any other complex and black box models.