Bold Prediction for 2023 - #ChatGPT has almost no impact on businesses...

Here's why 🧵

#datascience #stats Image
While everyone's playing around with ChatGPT, here's what's about to happen that will actually change 2023

It's the "Birth of the Business Scientist". Image
Listen, ChatGPT is great, and may make you more productive at work....

But, businesses actually need strategic thinkers (and that's really tough to automate).
So if you're making a plan for 2023 and you want to break into data science become a data science consultant or build a data career...

STOP playing around with ChatGPT...

AND START focusing on solving business problems.
I predict that a new role - The Business Scientist - will:

1. Will replace teams of 4-5 data scientists

2. Get paid 17% more than a traditional data scientist

3. Have a 10X Return On Investment for the company that is smart enough to employ them
Why?

Because they git *$%# done!
Business scientists...

1. Understand businesses run on profit and revenue

2. Know that customers and better decisions increase business performance

3. Can build tools quickly and efficiently that automate processes and help companies improve performance
So make your choice: playing with chatGPT or learning to solve business problems.

And if you'd like some help...

... then I'd like to help you.
I have a NEW webinar that I'm holding live on December 14th where I will discuss trends and what companies need from you to hire you.

What's inside this webinar?

You will learn:
1. What mistake every aspiring data scientist is making

It's actually preventing you from becoming a data scientist
2. The backdoor way to getting a data science job

If you do this correctly, you'll increase your chances of getting a job by 4.3X
3. Get ideas for your future job portfolio

By adding these 3 overlooked skills to your tool chest
What's the next step?

Just register for my free webinar, "how to get a data science job in 2023?"

Register Here: bit.ly/career-2023 Image

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More from @mdancho84

Dec 9
This used to be me when I was first learning linear regression. 😂

But here's what's changed for me. 🧵

#datascience #rstats #stats Image
I always thought it was funny how in the stats books, they'd always tell you of this magical P-Value level of 0.05.

You either reject (p > 0.05) or fail to reject (keep it when p <= 0.05).

So naturally, I'd do whatever I could to get my p-values under 0.05.

So what changed?
I started learning machine learning and actually seeing that my model performance would improve with features that had p-values greater than 0.05.

Wait, what?!
Read 10 tweets
Dec 9
What is a Business Scientist? 🧵

#datascience Image
I’m seeing an underground trend forming in data jobs.

A high focus on data with a lack of:
1. Building

Lack of building products that companies can use to make decisions
Read 14 tweets
Dec 4
Bold prediction for 2023: The Birth Of The Business Scientist.

Here's what is about to happen. 🧵

#datascience #python #rstats #stats
According to Glassdoor research, we already have:

1. Data Analyst, $71,298/yr
2. Business Analyst, $83,924/yr
3. Data Scientist, $124,680/yr

But noticeably missing is the "Business Scientist".
So what is a "Business Scientist"?

And why are we about to see the birth of this new role?
Read 15 tweets
Dec 3
Having a tough time in this data science job market?

Here’s a secret.

Stop learning python.

And start learning R. 🧵

#rstats #datascience
With Twitter, Facebook & Amazon announcing massive layoffs, the job market is trickier than ever.

What do you when there’s now massive competition?
95% of data scientists are competing for the same old data science jobs.

- Python
- Pandas
- Matplotlib
- Scikit learn

If that’s your strategy, you are a commodity.
Read 11 tweets
Dec 2
You may not be the best coder, but don’t lose sight of the main goal: results.

Clean code takes time.

You’ll get better.🧵

#rstats #datascience #stats #code Image
This meme was presented in John Paul Helveston’s undergrad R class...

...to blank stares, because most students were born AFTER 2003 when Pirates of the Caribbean came out.

While John got blank stares from his students, his point is well taken over here.
My code wasn’t always good.

In fact, if I look back at my early code, it was terrible.

BUT IT STILL RUNS!!!
Read 7 tweets
Nov 30
Ever have too many groups to visualize on a plot?

Here's a 3-step process I use frequently to consolidate groups with #R.

#rstats Image
Consolidating groups is super common...

I use this process for consolidating sales data all the time

(like how many purchases customers made by product over Black Friday)

And, I often have too many groups to visualize.

Here's how I get the top N groups.
There are 3 basic steps...

1. Reduce groups

2. Grouped summarize

3. Visualize
Read 10 tweets

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