May 6, 2024
⚠️Bayesian methods in a nutshell 🚨 : ❌ Lacking theoretical backing ❌ Based on questionable priors ❌ Yield beliefs, not probabilities ❌ Often misplace posteriors without warning ❌ No validity guarantees ❌ Uncalibrated results ❌ Built on artificial assumptions ❌ Prone to instability ❌ Disrupt base models ❌ Tough to build and maintain