Watch Ed Peters, Irene Lyakovetsky, and I discuss the role of models in emergent situations where the data might not be complete or correct. One could speculate that we overreacted because of a flawed model on one hand or speculate that we save countless numbers of lives because we acted when we did; a flawed model or not. The economic impact of shutting down a 20 trillion dollar economy steaming along is immense. Also, the tremendous potential loss of life with no intervention is soul-shaking. Did we do it right? Because models are often flawed, should we cast them aside or should freshen them with real-time data like we did and are continuing to do? Review our Videos listed below or watch the full episode by clicking here
Role of Models in COVID-19
All Models are Wrong, but Some are Useful
We can Learn from Flawed Models
Localizing Models and Supply Chains
Boosting Digital Transformation
Make sure you follow or like our videos that appeal to you. Comments are appreciated to either jim.sinur@gmail.com or irene@saugatuckworldwide.com. You can comment on the post as well.
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