Forecasting Impact
Forecasting Impact is a monthly podcast that aims to disseminate the science and practice of forecasting alongside prominent academics and practitioners in the field. Our vision is to grow the forecasting community, foster collaboration between academia and industry, and promote scientific forecasting and good practice. We’ll discuss a variety of topics in economics, supply chain, energy, AI, data analytics, healthcare, and more.
Podcast Team: Dr. Mahdi Abolghasemi, Dr. Sevvandi Kandanaarachchi, Michał Chojnowski, Dr Laila Akhlaghi, George Boretos, Mariana Menchero, Dr. Faranak Golestaneh, Arian Sultan Khan.
Future guests: if you have something interesting on forecasting to share with our audiences, please send an email to forecastingimpact@gmail.com
Forecasting Impact
Panel on Foundational Models with Azul Garza Ramírez and Mononito Goswami - Part 1
In this episode, hosts Mariana Menchero and Faranak Golestaneh explore the cutting-edge world of foundation models for time series forecasting with guests Azul Garza Ramírez, cofounder of Nixtla, and Mononito Goswami, one of the developers of MOMENT, a family of open-source foundation models for general-purpose time series analysis.
In this episode, we discuss the guests' transition into working with foundation models for time series forecasting. The guests describe the empirical approach they took, inspired by the success of Transformers in other domains like video, images, and text. Their experiments with adapting these models to time series data yielded exciting results, leading to the development of new products and tools.
The conversation sets the stage for a deep dive into the challenges and opportunities presented by foundation models in time series forecasting. The discussion highlights the need for massive, diverse datasets and the potential for these models to learn patterns and extrapolate to new data effectively.
This episode underscores the rapid advancements in time series forecasting and the growing importance of foundation models in pushing the boundaries of what's possible in this field. It offers listeners a glimpse into the minds of innovators who are shaping the future of time series analysis and its applications across various industries.