"Bill,
I love baseball examples, but the real story is the $2.98/yr. If you were able to add up the discounts versus the premium increases, you would find that this deal is a bonanza for insurance companies, and that from a guy who was an actuary. I…"
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Neil Raden's Blog
The Fallacy of the Data Scientist Shortage
Posted on June 27, 2012 at 10:00am 0 Comments 0 Likes
There is no question that the USA (in fact, most of the world) would be well-served with more quantitatively capable people to work in business and government. However, the current hysteria over the shortage of data scientists is overblown. To illustrate why, I am going to use an example from air travel.
On a recent trip from Santa Fe, NM to Phoenix, AZ, I tracked the various times:
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