Remove 2020 Remove Measurement Remove Uncertainty
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How to Move from Real-Time Data to Real-Time Decisions

CIO Business Intelligence

In How to Measure Anything , Douglas Hubbard offers an alternative definition of “measurement” to the Oxford English Dictionary’s “the size, length, or amount of something.” Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”.

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Humans and AI: How Should You Talk About AI? Be Positive or Give Warnings?

DataRobot

In a July 2020 interview with the New York Times , Musk expressed his opinion that London research lab DeepMind is a “top concern” when it comes to artificial intelligence. AI and Uncertainty. Some people react to the uncertainty with fear and suspicion. This finding held regardless of the characteristics of the uncertainty.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Tata Consultancy Services experienced its slowest profit growth since 2020 in the December quarter, and Infosys failed to meet its quarterly profit expectations.

IT 98
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Measuring Validity and Reliability of Human Ratings

The Unofficial Google Data Science Blog

E ven after we account for disagreement, human ratings may not measure exactly what we want to measure. Researchers and practitioners have been using human-labeled data for many years, trying to understand all sorts of abstract concepts that we could not measure otherwise. That’s the focus of this blog post.

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Communal Computing’s Many Problems

O'Reilly on Data

This measurement of trust and risk is benefited by understanding who could be in front of the device. We can’t forget that the machine learning that is doing biometrics is not a deterministic calculation; there is always some degree of uncertainty. They eventually changed their policy.

Risk 306
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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Invariably, these activities have seen added stress in 2020. And it’s possible to become lost in the minutiae of the many different metrics available to measure an organisation’s AR capabilities. However, FSN’s 2020 study , showed that reporting against operational data is often overlooked in many organisations.

Finance 98
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Covid Data: An anomalous blip, or the new normal?

Cloudera

A recent McKinsey survey, cited in CRN , shows that worldwide, 58 percent of customer interactions were digital as of July 2020. Insurance and finance are two industries that rely on measuring risk with historical data models. What if 2020 is an anomaly? Data Variety. Moving to these new data sources is still worthwhile.

Insurance 100