• Why Tech Companies Need Economist-Engineers | Vincent Martin from Meta

  • Jan 20 2025
  • Length: 55 mins
  • Podcast

Why Tech Companies Need Economist-Engineers | Vincent Martin from Meta

  • Summary

  • Vincent is a Research Scientist Manager at the Central Applied Science Team at Meta. In this episode, Vincent provides insights into the unique role of economists in tech, particularly those who combine economic expertise with software engineering skills. We cover the challenges of hiring economists with the necessary technical abilities, the importance of clear communication in business settings, and the evolving landscape of forecasting and causal inference in tech.

    Vincent discusses the team's work on forecasting and causal machine learning, highlighting the importance of balancing statistical accuracy with a structural understanding of business drivers. The conversation also touches on AI's potential impact on economists' work and its current limitations in replacing human expertise in complex analytical tasks.

    Where to find Vincent
    https://www.linkedin.com/in/vleahmar/

    Where to find Ida
    www.idajohnsson.com
    https://www.linkedin.com/in/ida-johnsson/

    Timestamps

    00:00 Intro
    04:31 What Makes Vincent's Team Unique
    07:11 Is Observational Causal Inference Scalable?
    09:54 Tools For Non-economists
    12:07 Forecasting - Accuracy Vs. Explainability
    16:30 Importance Of Feature Engineering Vs. Model Choice
    17:40 How Are Economists Different From Other Scientists?
    18:40 Why Vincent Struggles To Hire Economists
    21:43 Skills Economists Tend To Lack
    24:31 Causal Inference At Scale
    27:11 The Importance Of An Entrepreneurial Mindset
    28:35 Gap Between Academia And Private Sector
    30:51 Who Works On Vincent's Team
    32:24 Ideal Candidate For Vincent's Team
    34:57 Communication Skills
    39:41 Deep Learning
    41:59 How Vincent Keeps Up With The Latest Research
    43:40 Forecasting And Causality
    47:44 DAGs And Do-calculus Vs. Potential Outcomes
    49:47 Thoughts On AI

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