TimesFM - forecasting future

[Mark Scannell]

Hello -

Has anyone ever played with ML models for forecasting?

Google has TimesFM -- https://github.com/google-research/timesfm -- which is a time series forecasting model that is designed to do predictions with far fewer inputs. (It's pre-trained on lots of time series data, so taking a smaller sample of data it can forecast from there.)

Potential use cases -- no idea how well it'd work:

• Scoring an anomaly score for each transaction -- how much is this away from the predicted normal of a transaction.
• Forecasting transactions for the next three months, six months, or further -- what is the trend line? This could be based on only the previous few months or a longer term history.

Mark