Artificial intelligence can’t keep up with the coronavirus.
Many companies are therefore having to rethink the complex models they use for the all-important job of forecasting their sales and budgets. The data and assumptions baked into those statistical or machine-learning models are now out of date because of the recent economic upheaval, making the conclusion they provide suspect.
“Our historical, analytical data—what we used in the past—is out the door,” Paul Cormier, CEO of IBM-owned business software maker Red Hat, recently told Fortune. “I think everyone feels that way.”
