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What are the practices of applying and using the theory of catastrophes in forecasting?
Colleagues, good afternoon.
Now it is fashionable to use interesting things in products (software) and business processes: ML, neural networks, genetic algorithms and where without blockchain))). Unfortunately, I did not find any information about the application of catastrophe theory in critical point forecasting problems or in general forecasting and prediction problems.
What practices are used and what would you advise to read?
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Naseem Taleb. "Black Swan".
If you are interested in this topic, then it is very advisable to read this philosophical (not mathematical) opus. He is just about the practical applicability of things like "catastrophe theory". It is considered one of the best books of modern science.
PS:
Not very fat, but still somewhat boring. I mastered only gradually in several steps.
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