Remove 2016 Remove Modeling Remove Statistics
article thumbnail

What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. When business decisions are made based on bad models, the consequences can be severe. As machine learning advances globally, we can only expect the focus on model risk to continue to increase.

Risk 111
article thumbnail

Deep Learning Illustrated: Building Natural Language Processing Models

Domino Data Lab

The excerpt covers how to create word vectors and utilize them as an input into a deep learning model. While the field of computational linguistics, or Natural Language Processing (NLP), has been around for decades, the increased interest in and use of deep learning models has also propelled applications of NLP forward within industry.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Einstein Studio 1: What it is and what to expect

CIO Business Intelligence

The company has been bundling various forms of automation into its Einstein brand since 2016. This year, however, Salesforce has accelerated its agenda, integrating much of its recent work with large language models (LLMs) and machine learning into a low-code tool called Einstein 1 Studio. This isn’t a new push for Salesforce.

Data Lake 119
article thumbnail

Artificial Intelligence: Implications On Marketing, Analytics, And You

Occam's Razor

While the phrase Artificial Intelligence has been around since the first human wondered if she could go further if she had access to entities with inorganic intelligence, it truly jumped the shark in 2016. trillion pictures in 2016. Most Deep Learning methods involve artificial neural networks, modeling how our bran works.

article thumbnail

LaLiga transforms fan experience with AI

CIO Business Intelligence

The transformation, which started in partnership with Microsoft in 2016, is also enabling LaLiga to expand its business by offering technology platforms and services to the sports and entertainment industry at large. It has also developed predictive models to detect trends, make predictions, and simulate results.

article thumbnail

Top 10 IT & Technology Buzzwords You Won’t Be Able To Avoid In 2020

datapine

Currently, popular approaches include statistical methods, computational intelligence, and traditional symbolic AI. This feature hierarchy and the filters that model significance in the data, make it possible for the layers to learn from experience.

article thumbnail

Fitting Bayesian structural time series with the bsts R package

The Unofficial Google Data Science Blog

SCOTT Time series data are everywhere, but time series modeling is a fairly specialized area within statistics and data science. This post describes the bsts software package, which makes it easy to fit some fairly sophisticated time series models with just a few lines of R code. by STEVEN L. Forecasting (e.g.