20 May 2024
13m

49. Weather Forecasts

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The Economics of Everyday Things

This podcast episode explores the advancements in weather forecasting, including the physics and algorithms involved, the role of supercomputers, and the historical improvements in accuracy. It also discusses the increasing commercialization of the weather industry, the emerging market of weather derivatives, and the challenges posed by climate change. The episode highlights the potential of artificial intelligence in weather forecasting and acknowledges the limitations in predicting weather accurately.

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