logoalt Hacker News

huitzitziltzin04/03/20250 repliesview on HN

There are plenty of people working on the application of ML in economics, including NN methods, and including in macro.

That’s a totally different class of model to this agent based approach. People in the (small) agent based modeling community have been pushing their stuff for decades to no effect.

Sure it’s possible that there’s some amazing advance I can’t see coming in the future but as of now I would not recommend anyone pursue ABM.