“DIWK – Data, Information, Knowledge and Wisdom pyramid SEMMA stands for: Sample, Explore, Modify, Model and Assess KDD – Knowledge Discovery in Databases Understanding what is AutoML In the simplest form of definition, AutoML is the automation of the machine learning process. So, what do we understand from the machine learning process and how do…
Month: December 2019
The Age of AI – How Far is Too Far?
“Can A.I. make music? Can it feel excitement and fear? Is it alive? Will.i.am and Mark Sagar push the limits of what a machine can do. How far is too far, and how much further can we go? The Age of A.I. is a 8 part documentary series hosted by Robert Downey Jr. covering the…
HOW AI IS TRANSFORMING LENDING AND LOAN MANAGEMENT
“Frost & Sullivan consulting company specialists are sure that the market volume of AI-technologies will grow by 31% annually. Automated systems cost banks 50-90% less than the work of hired employees. Europian banks create own innovative scoring systems. They are characterized by its extremely high speed of operation: within seconds, the system analyses 10,000 customer…
Artificial intelligence jobs on the rise, along with everything else AI
“AI conference attendance – In 2019, the largest, NeurIPS, expects 13,500 attendees, up 41% over 2018 and over 800% relative to 2012. AI jobs – the share of AI jobs in the US increased five-fold since 2010 Compute capacity – Post-2012, compute has been doubling every 3.4 months — a mind-boggling net increase of 300,000x….
5 Industries That Are Pushing the Boundaries of AI
“These five industries are paving the way forward with AI: 1. Finance – Automated trading now accounts for about 75% of financial market volume, 2. Healthcare – The model reduced false positives by 11% and detected cancer 5% more often. 3. Entertainment and sports – Spotify use machine learning to act as a personal DJ…