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The content of the Data Scientist profession?
I'm thinking of starting training as a Data Scientist. But I am stopped by thoughts about the content of the work. As I understand it, this work consists in developing models and testing them on a test sample. And most of the developed models will show unsatisfactory results. If this is true, then this makes me very sad, because. I have been engaged in algorithmic trading for the last 4 years and none of my models of market behavior has worked.
Question: Will most of the models developed by Data Scientist really show unsatisfactory results?
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The problem is not in the models, but in the data and the ability to "cook" them -
Garbage in, garbage out;)
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