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Relations and Perspectives #4

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EmbraceLife opened this issue Oct 6, 2018 · 2 comments
Open

Relations and Perspectives #4

EmbraceLife opened this issue Oct 6, 2018 · 2 comments
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@EmbraceLife
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EmbraceLife commented Oct 6, 2018

ML and DL (Tensorflow, Pytorch, Chain)

Their problems are hard and massive but well-defined with big data and specific objective metrics

Using ML and DL is to apply a more powerful weapon to solve the problems more efficiently and accurately

Mathematical Modeling

The problems are real-world, but usually very vague (even more real-world), you need to define the problem with rigor before exploring solutions

The problems can arise from everywhere from anything, it is more real-life oriented

you are allowed to use any tools and techniques to approach and solve them (use easy tools to train thinking process )

Java, Python, R

Great programming languages to build brilliant softwares

Great programming languages to processing and mining big data with clever algorithms

ABM on economics

Agent based modelling approaches to study and research economics, banking and money, trade and so on

What are more interesting and potentially demanding?

Mathematical modeling and ABM

  • solve real world problem with simpler tools and languages (NetLogo, Extentions with python or R, Weka)
  • time and energy focus on approaches, processes, defining and solving problems, rather than sharpening tools like Java, Python, Tensorflow and Pytorch
  • Dynamics of Economies, markets, Money and Banking, Debt cycles, Trade wars are much more interesting and useful to policy making
  • together with big real economic data, the model can be more realistic and dynamic to help policy makers

Simple toolkit is powerful enough

NetLogo, R, Weka are powerful enough to solve most of the problems probably

Learning to use them efficiently on real problems should be a demanding skill (also demand time and effort, and few people give to them)

@EmbraceLife EmbraceLife added the ABM label Oct 6, 2018
@EmbraceLife
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EmbraceLife commented Oct 9, 2018

Much more fundamental is your system of thinking, decision-making or principles on how to study or deal with new, interesting and challenging phenomena or situations, such as Great Debt Cycle for studying and handling complex phenomena like debt cycles and Principles in handling all situations in life and work. All the others seem to be tools or more powerful and efficient tools.

@EmbraceLife
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job possibilities

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