This drives me nuts. Spend $10k getting high quality data and throw a simple model at it? Nah, let’s spend a month of time from someone making $400k/yr for less trustworthy results. And on the blogosphere it’s even worse. ‘This is the best data available so here goes’ justifies so much worse-than-worthless BS.
And don’t even get me started on the ‘better than human’ headlines that result.