While criminals are predictable in the fact that they WILL offend, they are unpredictable in that often crimes are spontaneous, spur of the moment things that they themselves have little control over.
And that's just one side of it. There are the big-time crims who plan things meticulously, and their general thinking, in this day and age of electronic surveillance, etc, would be strike when least expected at a place they're least expected at... one with the least population [to identify them/get in the way] and one where law enforcement would take some time reaching. These criminals are generally harder to catch, much less predict.
Them there's the criminal, who up until some life altering moment was merely the guy/gal next door... who, for some inexplicable reason, snaps and commits a crime they are otherwise incapable of. These sorts of crimes can happen in any home/building/locale at any time, day or night, and are less predictable than the covertly planned 'intelligent' crime.
So yes, Doc, you are entirely correct in your hypothesis that this kind of 'policing' is not only inadequate but dangerous. Yes, it may be able to predict to some degree gang related crimes, armed robberies [of liquor/drug stores], domestic violence and B&E's in certain areas, but these other events are too random to accurately generate computer models on. That leaves it to guesswork and assumptions.... both highly dangerous practices when dealing with flesh and blood lives.
Furthermore, what about the unspoken crimes? As you say, these are not factored in and therefore are unlikely to decrease as a result of police following computer generated patterns... something that could lead to fewer police on the ground because officials smugly think they have crime licked. at 20 something percent down. No, police need to be present in all quarters and vigilant.
Sadly, I think somebody {officials] has been watching too many TV cop shows and movies. While some may be based on true cases/experiences, etc, real life cops don't have scripts and foregone conclusions to work with. Sure, utilise technology when it serves your purpose, but don't rely on it as being the be all and end all of police work, too many people depend on the "serve and protect" to leave their fates entirely to electronics.