Measuring the predictability of life outcomes with a scientific mass collaboration

Paper by Matthew J. Salganik et al: “Hundreds of researchers attempted to predict six life outcomes, such as a child’s grade point average and whether a family would be evicted from their home. These researchers used machine-learning methods optimized for prediction, and they drew on a vast dataset that was painstakingly collected by social scientists over 15 y. However, no one made very accurate predictions. For policymakers considering using predictive models in settings such as criminal justice and child-protective services, these results raise a number of concerns. Additionally, researchers must reconcile the idea that they understand life trajectories with the fact that none of the predictions were very accurate….(More)”.