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WF-J75W5O

Goldman Sachs FIFA World Cup predictions were inaccurate

Goldman Sachs used four machine learning models to predict outcomes of the 2018 FIFA World Cup. The bank's predictions were wrong, with none of the predicted semifinalists or champion materialising. Goldman Sachs updated its models halfway through the tournament, but the revised predictions also proved incorrect. The article is an account of the failed predictions, not an allegation of harm.

Date it happened
2018-06-14
Organisation involved
Goldman Sachs
Product, system or model
Four machine learning models
Where this came from
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Attribution

This incident was imported from observer.com. Our additions to it — the structured fields, the translation, the checks against other reports — are published under the same licence.

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