“Worldwide spending on artificial intelligence will double over the next four years to reach $110 billion in 2024, according to new spending figures released by IDC. ‘AI is the technology that will help businesses to be agile, innovate, and scale. The companies that become ‘AI powered’ will have the ability to synthesise information (using AI…
Month: August 2020
Will automation eliminate data science positions?
“The most important question in data science is not which machine learning algorithm to choose or even how to clean your data. It is the questions you need to ask before even one line of code is written: What data do you choose and what questions do you choose to ask of that data? So…
Breaking the Barriers – From Digitization to use of AI & RPA in Banks
“Keeping the Digital strategy in mind, apart from the digital products and services which bank has to offer, one of the key differentiators would be the increased use of Chat Bots and Analytics in Banking. A right blend of RPA, Analytics and machine learning can achieve wonders in terms of mitigating operational challenges of the…
LinkedIn open-sources toolkit to measure AI model fairness
“LinkedIn today released the LinkedIn Fairness Toolkit (LiFT), an open source software library designed to enable the measurement of fairness in AI and machine learning workflows. ‘News headlines and academic research have emphasized that widespread societal injustice based on human biases can be reflected both in the data that is used to train AI models…
Facebook Stock Hits High As Social Media Giant Unveils E-Commerce Features
“New features include Facebook Shop, a dedicated space on its mobile app where users can browse and shop for products from various businesses. Businesses can set up a single online store that customers can access on both Facebook and Instagram. ‘These new features give businesses more control over how their digital storefront looks and make…