Will smart machines really replace human workers? Probably not. People and AI both bring different abilities and strengths to the table. The real question is: how can human intelligence work with artificial intelligence to produce augmented intelligence. Chess Grandmaster Garry Kasparov offers some unique insight here. After losing to IBM’s
Category: Machine Learning
Machine learning is an application of artificial intelligence (AI) that provides systems the ability to automatically learn and improve from experience without being explicitly programmed. Machine learning focuses on the development of computer programs that can access data and use it to learn for themselves.
XAI Can Help Banks Confront The “Black-Box” Nature Of Their Machine Learning Models By Making AI More Explainable, Intuitive, And Understandable
In 2016, author and trained mathematician Cathy O’Neil posited that machine learning models, left unchecked, can easily turn into “Weapons of Math Destruction.” She further suggested that as these algorithms become “highly efficient, seemingly arbitrary, and utterly unaccountable… no one will understand their logic or be able to explain it.”
Prescriptive Analytics: The Final Stage Of Business Analytics
Technology has given us the ability to forecast enterprise trends and predict success in ways the business leaders of yesterday couldn’t fathom. In the past, successful businesses had to rely on small sample sizes, simple questionnaires, and other ways of gathering of data to predict general trends, but not anymore.
Deep Learning Shows Some Promises, But Yet To Deliver On Its Own Hype
A few years back I jumped on the “machine learning will eliminate the need for radiologists” bandwagon. It wasn’t my smartest prediction. In my failure, however, I’m joined by the biggest experts in deep learning, like Geoffrey Hinton, who in 2016 proclaimed it was “just completely obvious [that] within five
Metaverse: How Big Data And Metaverse Technology Could Transform Corporate Business Processes
Bloomberg estimates that the metaverse market may grow to $800 billion by 2024, and Facebook has changed its name to Meta to capitalize on this looming technology. The metaverse is a collection of immersive online technologies that include virtual reality, augmented reality and interactive video. At the corporate level, CIOs
In Times Of Crisis And Uncertain World, It Is Important For Companies To Become Future Ready
What makes a company “future ready”? The author analyzed top companies by revenue across four sectors, measuring seven equally weighted factors, then analyzed what leading companies were doing differently. They discovered industry specific insights, which also informed more universal lessons. First, don’t play zero-sum games with disruptors. Looking at the
There Were Scattered Successes But In General, Diagnosing Covid, Predicting Its Course, And Managing The Care, Why AI-Based Decision Tools Failed To Deliver
The pandemic could have been the moment when AI made good on its promising potential. There was an unprecedented convergence of the need for fast, evidence-based decisions and large-scale problem-solving with datasets spilling out of every country in the world. Instead, AI failed in myriad, specific ways that underscore where
To Implement, Scale, And Maintain AI Ethical Risk Mitigation Strategies, Companies Should Begin With Understanding Of The Problems They’re Trying To Solve
While concerns about AI and ethical violations have become common in companies, turning these anxieties into actionable conversations can be tough. With the complexities of machine learning, ethics, and of their points of intersection, there are no quick fixes, and conversations around these issues can feel nebulous and abstract. Getting
AI Model Bias Can Significantly Damage Trust Of Employees, Customers, And The Public, But There Are Ways To Prevent It
AI influences decisions across the enterprise, but bias can do far-reaching damage to trust and stakeholder relationships. The good news is that there are ways to protect yourself. A large regional bank uses a newly developed fraud detection artificial intelligence (AI) algorithm to identify potential cases of bank fraud including
Next In Data Science: Innovative Applications Of Data Science To A Wide Range Of Disciplines | Part: 2
The Next in Science Series provides an opportunity for early-career scientists whose innovative, cross-disciplinary research is thematically linked to introduce their work to one another, to fellow scientists, and to nonspecialists from Harvard and the greater Boston area. This year’s program focuses on innovative applications of data science to a
Beyond The Digital: With The Wide Availability Of Advanced Processors & Sensors, Industrial Robots, And Machine Learning, CIOs’ Responsibilities Are Being Expanded Again
The explosion of smart devices and increased automation of physical tasks are extending IT’s remit to include device and data management, edge computing, governance, and more. With the wide availability of advanced processors and sensors, industrial robots, and machine learning, any device can be smart, connected, and capable of capturing
The Technology Is Not Perfect Yet But AI Can Enhance Our Emotional Intelligence By Making Us More Self-Aware
Emotional intelligence matters more to one’s success as a manager than IQ or technical skill. The principal takeaway: emotional intelligence is just as important as any “hard skill” and investing in it helps individuals and teams succeed at work. Companies are wise to explore AI solutions that can help make
