mikesimonsen.bsky.social
I help people understand the housing market. Now: Chief Economist, Compass. Prev: Founder CEO Altos Research (acq by HWMedia)
👤 Joined on 10 May 2023
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@mikesimonsen.bsky.socialH/T @jbrec.com, @mikesimonsen.bsky.social
Show Postyears ago, “data scientist” was a PhD-only position at Big Tech, or just an analyst anywhere else i think the term is now just the latter, and the former is now split between “ML engineer” & “AI researcher” also, “AI engineer” has emerged and it’s not the same as “ML engineer”, not at all
Show PostAnyway, lessons learned: -Be more skeptical about applying normal relationships to extraordinary times -Be more skeptical of intuitive/appealing conclusions -Confidence often doesn't tell you what you think it does -Don't make predictions that can be falsified within weeks
Show PostAugust #JOLTS report (our last BLS report before the shutdown?) today again shows a modest cooling—low hire, low quit, low confidence from workers. -Hires rate down to 3.2% from 3.3% -Quits rate down to 1.9% from 2.0% -Openings flat at 7,227,000 -Layoffs down a hair to 1,725,000 #NumbersDay 1/
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