Posts Tagged ‘Explainable AI’
Understanding the Present for the Future
Everyone wants to predict the future. Forecasting market developments and customer needs is as close as we might get. It is also an essential component of corporate strategy and planning. To meet this challenge, strategic planners, financial controllers, and business intelligence experts seek out the best tools, techniques, and solutions to give them a competitive…
Read MoreGrowing Edge
Every day, the news highlights how emerging technologies like artificial intelligence (AI) and machine learning are changing businesses operations, improving education, and impacting personal and professional quality of life. This news from Acceleration Economy should therefore come as no surprise: “How AI and Machine Learning (ML) Help Prevent Sports Injuries.” Sports has long been using…
Read MoreCan Blockchain Bring About Explainable AI?
The key advantage of artificial intelligence (AI) is its ability to simulate human reasoning and react quickly to large volumes of many different inputs. This is also its drawback, however, since the complexity of the AI decision-making process is often not transparent. Complex machine learning models in AI, such as deep neural networks, are often black boxes.…
Read MoreEmbracing Predictive Analytics
Festo recently announced a new artificial intelligence (AI) platform for predictive maintenance, predictive quality, and energy optimization. Using advanced analytics, Festo AX maps data to learn a component, machine, product, or energy system’s healthy state. Festo AX provides actionable information to correct anomalies when data begins trending out of normal. This interesting topic came to…
Read MoreMachine Learning is in the Advertising Business
The advertising industry has evolved considerably in the past century. Now diversified and modernized, the mid-century Madison Avenue advertising ecosystems are disappearing. What caused this shift? There has been at least one tool that’s been especially vital to this evolution – artificial intelligence (AI). This interesting topic came to us from Ad Age in their…
Read MoreNew Opportunities, Not New Tech
ChatGPT has caused handwringing, worry, and speculation on how the world of publishing will be forever changed by this artificial intelligence (AI) application. Ironically, regardless of this sudden buzz, this technology is not new. The Scholarly Kitchen brought this interesting information to us in their article, “Guest Post: AI and Scholarly Publishing — A (Slightly)…
Read MoreEmerging Tech Family
Artificial intelligence (AI) brings with it the possibility of genuine human-to-machine interaction. When machines become intelligent, they can understand requests, connect data points, and draw conclusions. They can reason, observe, and plan. It’s very common to hear the terms “machine learning” and “AI” thrown around interchangeably, but they are often used in the wrong context.…
Read MoreAI and the Financial World
Many economists haven’t embraced artificial intelligence (AI) technology because the predictive algorithms can’t answer questions about correlation and causation yet. The Economic Times brought this interesting topic to us in their article, “How machine learning is changing the game of investing.” For decades, economists have built their assumptions about prices, wages, and inflation on data…
Read MoreFighting Fraud
Internet fraud continues to be a menace in society, especially in healthcare and financial institutions. Many fintech companies have been victims of fraud. Detection of these attacks comes via two paths: through inconsistent traditional methods or using ever-growing artificial intelligence (AI) mechanisms. Entrepreneur brought this interesting information to us in their article, “How AI and Machine Learning…
Read MoreData Management and Business Intelligence
As many data preparation and -management tasks get automated, insight generation and action are the next likely targets for automation. Tech Target brought this topic to us in their article, “Automation, more security and governance next big BI trends.” Business intelligence (BI) is about taking proactive decisions to pull together information that answers questions about…
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