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Predictive algorithms are no better at telling the future than a crystal ball

  • Written by Uri Gal, Associate Professor in Business Information Systems, University of Sydney
The global market for predictive analytics is growing. Shutterstock

An increasing number of businesses invest in advanced technologies that can help them forecast the future of their workforce and gain a competitive advantage.

Many analysts and professional practitioners believe that, with enough data, algorithms embedded in People Analytics (PA)...

Read more: Predictive algorithms are no better at telling the future than a crystal ball