Episode 47: Leveraging Causal Inference to Drive Business Value in Data Science

Genevieve Hayes Consulting Episode 47: Leveraging Causal Inference to Drive Business Value in Data Science For most people, data science is synonymous with machine learning, and many see the role of the data scientist as simply being to build predictive models. Yet, predictive analytics can only get you so far. Predicting what will happen next is great, but what good is knowing the future if you don’t know how to change it?That’s where causal analytics can help. However, causal inference is rarely taught as part of traditional prediction-centric data science training. Where it is taught, though, is in the social sciences.In this episode, Joanne Rodrigues joins Dr Genevieve Hayes to discuss how techniques drawn from the social sciences, in particular, causal inference, can be combined with data science techniques to give data scientists the ability to understand and change consumer behaviour at scale.