Why AI Still Fails During Black Swan Events
The Limitations of AI in Predicting Black Swan EventsAI has made significant advancements in predicting various outcomes, but when it comes to black swan events, its limitations become apparent. These unpredictable and rare events can have a catastrophic impact on businesses and society as a whole. Here are some reasons why AI still fails to accurately predict black swan events:
- Lack of historical data: AI relies heavily on historical data to make predictions. However, black swan events by definition are rare and have not occurred in the past. This lack of relevant data makes it challenging for AI algorithms to anticipate such events.
- Complex and interconnected nature: Black swan events are often the result of multiple factors coming together in unforeseen ways. AI may struggle to an...








