We are in the digital age and this has taught businesses to see people as individuals rather than just as members of certain demographic groups. This has resulted in a massive digital footprint that enables companies to know precisely how effective their advertising campaigns are at the individual level and to derive immense value from this knowledge. This interesting news came to us from the Bangkok Post in their article, “Time to leverage big data for the public good.”
The pace at which technology is evolving is ever increasing – and people are eager to embrace it. In 2019 there were 5.112B mobile users, 4.388B internet users and 3.484B active social media users. All of these groups have grown by between 2 and 9% since 2018 and are expected to continue to grow.
The digital age has a wide scope. Artificial intelligence (AI), big data, Internet of Things and cloud computing are just some of the streams that come under the digital age umbrella. Most organizations have little knowledge on how AI systems make the decisions they do, and as a result, how the results are being applied in the various fields that AI and machine learning are being applied. Explainable AI allows users to comprehend and trust the results and output created by machine learning algorithms.
Melody K. Smith
Sponsored by Access Innovations, the intelligence and the technology behind world-class explainable AI solutions.