The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...

If you check your weather apps or consistently look at forecasting models and their outputs, you may notice that the outcomes change constantly, especially in the longer-term forecasts. Then, once you ...

Traditional long-term forecasting models are no longer sufficient as electrification, DER growth, EV adoption, extreme weather events and new large loads introduce unprecedented complexity. The future ...

Forbes contributors publish independent expert analyses and insights. Jesse Damiani covers AI, ClimateTech, and emerging media. Mar 03, 2025, 04:06pm EST Mar 04, 2025, 03:48pm EST Image of Hurricane ...

Meteorologists frequently mention weather prediction models in their forecasts. They explain what they’re gleaning from the “U.S. Model,” for instance, and how that might differ from the “European ...

Weather forecasting has evolved significantly, employing sophisticated numerical models and artificial intelligence. These tools aim to provide accurate and timely predictions. However, even the most ...

Increasingly, AI models are able make short-term weather forecasts with surprising accuracy. But neural networks only predict based on patterns from the past—what happens when the weather does ...

Recent advances in AI, such as foundation models, make it possible for smaller companies to build custom models to make predictions, reduce uncertainty, and gain business advantage. Time series ...

MIAMI — The Atlantic hurricane season, which draws to an official close on Sunday, fulfilled forecasts it would be an active year. There were 13 named storms and three Category 5 hurricanes. But, for ...