Effective Time Series Forecasting in the Age of Large Models: Insights from NeurIPS24
Transformers, powered by scaling laws, have transformed the landscape of AI, but their performance in time series forecasting is less definitive. This post explores the effectiveness of transformers, the challenges of scaling, and the rise of specialized foundation models like TTM, MOMENT, and Chronos. Do these big models live up to the hype, or are…