Prof. Nikos Kourentzes on business, AI, and hierarchical forecasting
Nikolaos Kourentzes is Professor of Predictive Analytics at the University of Skövde (Sweden) in the Artificial Intelligence Lab as well as a member of the Centre for Marketing Analytics and Forecasting, at Lancaster University in the United Kingdom. In this episode, Nikos talks about the role of AI and judgement in forecasting, and what we as forecasters need to learn from other fields such as algorithmic learning. He continues with a discussion on temporal and hierarchical forecasting problems. On a more personal note, he shares with us his background, career and philosophy on the "why” behind the problems. And, finally, he discusses his new book, Principles of Business Forecasting, 2nd edition as well as recommendations for forecasting books and papers.