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 ...

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 ...

If you check your weather apps or consistently look at forecasting models and their outputs, you may notice that the outcomes ...

But using AI is still extremely tempting because the alternative is a computational atmospheric circulation model, which is extremely compute-intensive. Still, it’s highly successful, with the ...

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 ...

GenCast beats the world’s most accurate forecasting system developed by the European Centre for Medium-Range Weather Forecasts (ECMWF). ECMWF’s system currently provides weather forecasts for 35 ...

The Atlantic hurricane season is drawing to a close, and with the tropics quieting down for a winter slumber, the focus of forecasters turns to evaluating what worked and what did not during the ...