Neural Scaling Laws demonstrate that as model size, data, and computational resources scale, neural networks exhibit improved performance.
In multivariate forecasting, Neural Scaling Laws suggest that increasing model parameters, data, and compute power leads to higher accuracy and better generalization.
Several neural architectures, such as RNNs, LSTM networks, CNNs, and Transformer-based models, have proven effective for multivariate forecasting.
Optimization techniques like model pruning, knowledge distillation, quantization, and emerging trends in self-supervised learning, federated learning, and quantum computing help balance performance and computational efficiency.