article thumbnail

XAI: Accuracy vs Interpretability for Credit-Related Models

Analytics Vidhya

Introduction The global financial crisis of 2007 has had a long-lasting effect on the economies of many countries. In the epic financial and economic collapse, many lost their jobs, savings, and much more. When too much risk is restricted to very few players, it is considered as a notable failure of the risk management framework. […].

Modeling 395
article thumbnail

What is the difference between Shared Services today and Shared Services in 2007?

Corinium

In 2007 I was asked to produce an event around shared services. I was awe struck at how many developments there were in the industry at that time. There was all this talk about significant cost benefits, enhanced service quality and manageable challenges. This was an exciting time.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Complaints in EU challenge Meta’s plans to utilize personal data for AI

CIO Business Intelligence

“Unlike the already problematic situation of companies using certain (public) data to train a specific AI system (eg a chatbot), Meta’s new privacy policy basically says that the company wants to take all public and non-public user data that it has collected since 2007 and use it for any undefined type of current and future ‘artificial intelligence (..)

article thumbnail

The Real Problem with Software Development

O'Reilly on Data

But that’s not really how the world works, not now, and not back in 2007. A few years ago, many developers thought that minimizing “lines of code” was the key to simplification—and it would be easy to tell ChatGPT to solve a problem in as few lines of code as possible.

Software 311
article thumbnail

Big Data: Amazon, Google, Microsoft, The Cloud And Other 2018 Trends

Bruno Aziza

In his latest book, “Thank You For Being Late,” Thomas Friedman highlighted 2007 as one of the most pivotal years in technology: 2007 saw the birth of Hadoop, the iPhone and Amazon’s Kindle for instance. My bet is that 2018 will start a new era for the technology space very much like 2007 did.

article thumbnail

Why Metaversial Business Is a Very Long Way Off

Mark Raskino

It was April 2007, Gartner IT Symposium, and Second Life was the red hot next-big-thing. It didn’t happen in 2007 and I really don’t think it will happen in 2027 either. It was fast becoming a mainstream belief that VR was an imminent next step beyond the web. So much so, it was on the front cover of BusinessWeek.

article thumbnail

What is ITIL? Your guide to the IT Infrastructure Library

CIO Business Intelligence

Later, the ITIL Refresh Project in 2007 consolidated the ITIL to five volumes consisting of 26 process and functions — this is referred to as the ITIL 2007 edition. The five volumes remained, and ITIL 2007 and ITIL 2011 remained similar. In 2011, another update — dubbed ITIL 2011 — was published under the Cabinet Office.

IT 105