Mastering the Unknown: Uncertainty Modeling in AI for Critical Safety
Analytics Vidhya
DECEMBER 21, 2023
This article explores ‘Uncertainty Modeling,’ a fundamental aspect of AI often overlooked but crucial for ensuring trust and safety.
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Analytics Vidhya
DECEMBER 21, 2023
This article explores ‘Uncertainty Modeling,’ a fundamental aspect of AI often overlooked but crucial for ensuring trust and safety.
Analytics Vidhya
DECEMBER 27, 2024
Probability is a cornerstone of statistics and data science, providing a framework to quantify uncertainty and make predictions. appeared first on Analytics Vidhya. Understanding joint, marginal, and conditional probability is critical for analyzing events in both independent and dependent scenarios. What is Probability?
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Analytics Vidhya
JANUARY 7, 2024
Here are some of the highlights, uncertainties, and varied opinions regarding […] The post AI Can Cause Human Extinction, Says Survey appeared first on Analytics Vidhya. The majority of researchers acknowledge a 5% chance of AI-related outcomes leading to human extinction.
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Inspired by the chance and excitement of the Monte Carlo Casino in Monaco, this powerful statistical method transforms the uncertainty of life into a tool for making informed decisions. appeared first on Analytics Vidhya. Running countless […] The post What is Monte Carlo Simulation in Excel?
CIO Business Intelligence
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The reversal calmed immediate fears of an extended crisis, but the political instability sent ripples through financial markets and heightened uncertainty for South Korea’s role as a global technology hub. The stalemate is far from over, with uncertainty prevailing amid growing calls for the president’s impeachment.
Analytics Vidhya
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A series of executive departures and concerns over the CEO’s credibility have caused ripples of uncertainty in an industry driven by ambitious innovation. appeared first on Analytics Vidhya. This article dives into […] The post Crisis at Stability AI – Key Players Quit Amidst CEO Controversies!
O'Reilly on Data
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Watch highlights from expert talks covering AI, machine learning, data analytics, and more. Elizabeth Svoboda explains how biosensors and predictive analytics are being applied by political campaigns and what they mean for the future of free and fair elections. Forecasting uncertainty at Airbnb.
Smart Data Collective
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Predictive analytics technology has become essential for traders looking to find the best investing opportunities. Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. Analytics Vidhya, Neptune.AI
Jedox
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Dean Boyer as a guest to the Jedox Blog for our series on “Managing Uncertainty” Mr. Boyer is a Director of Technology Services at Marks Paneth LLP, a premier accounting firm based in the United States. He shares his expertise on how an EPM solution supports managing economic uncertainty, particularly in times of crisis.
CIO Business Intelligence
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Data silos, lack of standardization, and uncertainty over compliance with privacy regulations can limit accessibility and compromise data quality, but modern data management can overcome those challenges. If the data volume is insufficient, it’s impossible to build robust ML algorithms.
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It’s more important than ever to think long-term about the analytics partnerships you forge. Are you choosing technologies that will stand the test of time? Are you choosing companies with proven track records?
Smart Data Collective
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One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Companies which require immediate business funding are using data analytics tools to research and better understand their options. In 2023, big data Is no longer a luxury.
Andrew White
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COVID-19 and the related economic fallout has pushed organizations to extreme cost optimization decision making with uncertainty. As a result, Data, Analytics and AI are in even greater demand. Demand from all these organizations lead to yet more data and analytics. The world of Data and Analytics Governance is depressing.
Rocket-Powered Data Science
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I recently saw an informal online survey that asked users which types of data (tabular, text, images, or “other”) are being used in their organization’s analytics applications. The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data.
Smart Data Collective
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One of the biggest is that more financial institutions are using predictive analytics tools to assist with asset management. Predictive Asset Analytics, Riskalyze and Altruist are some of the tools that use predictive analytics to improve asset management for both individual and institutional investors.
Smart Data Collective
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Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.
O'Reilly on Data
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Machine learning adds uncertainty. Underneath this uncertainty lies further uncertainty in the development process itself. There are strategies for dealing with all of this uncertainty–starting with the proverb from the early days of Agile: “ do the simplest thing that could possibly work.”
Rocket-Powered Data Science
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Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt). Most of these rules focus on the data, since data is ultimately the fuel, the input, the objective evidence, and the source of informative signals that are fed into all data science, analytics, machine learning, and AI models.
Occam's Razor
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This thought was in my mind as I was reading Lean Analytics a new book by my friend Alistair Croll and his collaborator Benjamin Yoskovitz. In this post, we’ll look at each of the four steps in the Lean Analytics Cycle in more detail. Let’s look at some case studies that will really help to drive the Lean Analytics Cycle home.
Smart Data Collective
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Increasing the bottom line through content marketing and analytics. This is where analytics comes in. When you use analytics tools such as Google Analytics, Semrush, Moz, and Kissmetrics, you can easily track your marketing goals. How can analytics improve your content marketing? Increase retention rate.
CIO Business Intelligence
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as there’s lower advertising spend, there’s less analytics and compute on advertising spend as well,” Olsavsky said, according to a Motley Fool transcript. The slowdown in spending, according to Olsavsky, is impacting all industries with financial services, cryptocurrency and advertising being particularly sluggish. “…as
CIO Business Intelligence
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One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.” “The
Andrew White
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The D&A trends for 2021 covered in this research can help organizations respond to change, uncertainty and the opportunities they bring over the next three years. To deal with unprecedented levels of business complexity and uncertainty, organizations must improve their ability to accelerate accurate and highly contextualized decisions.
Smart Data Collective
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With increasing uncertainty and evolving consumer demand, running a business seems like an enormous challenge. Here are seven incredible small business expense tracking tips for effective cash flow management with data analytics tools. Data analytics has proven to be surprisingly effective at tracking and managing business expenses.
CIO Business Intelligence
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One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.” “The
Sisense
MAY 31, 2021
You’ve decided you want to put data and analytics into your product, service, or experience. This kind of functionality isn’t just a “nice to have” anymore; users of all kinds demand it, and customer-facing analytics are revolutionizing businesses in every industry. So you already know you need analytics in your product.
BizAcuity
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Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry. Predictive Analytics enhances the Lending Process.
IBM Big Data Hub
SEPTEMBER 11, 2018
Today's manufacturing organizations operate in a dynamic environment characterized by increased complexity and uncertainty. Prescriptive analytics helps companies see where process improvements could have the biggest, most immediate impact on their bottom line.
Jedox
APRIL 16, 2020
Dean Boyer as a guest to the Jedox Blog for our series on “Managing Uncertainty” Mr. Boyer is a Director of Technology Services at Marks Paneth LLP, a premier accounting firm based in the United States. He shares his expertise on how an EPM solution supports managing economic uncertainty, particularly in times of crisis.
CIO Business Intelligence
APRIL 28, 2022
Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.
Smart Data Collective
APRIL 20, 2020
With the Coronavirus pandemic, the world has been thrown into complete uncertainty. According to a new study called Global Big Data Analytics in the Energy Sector Market, provides a comprehensive look at the industry. Effects of Analytics. Analytics will become integral to our lives. The Future of Data.
O'Reilly on Data
JANUARY 22, 2019
All models, therefore, need to quantify the uncertainty inherent in their predictions. Yet, finance textbooks, programs, and professionals continue to use the normal distribution in their asset valuation and risk models because of its simplicity and analytical tractability. Let’s consider a specific example of interest rates.
Jedox
APRIL 21, 2020
In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. To understand the marginal impact of changes you need an analytical framework that measures shifts from baseline scenarios. In the face of uncertainty, investor relations are paramount.
DataKitchen
DECEMBER 7, 2023
These challenges lead to poor quality analytics and frustrated end users. The uncertainty of not knowing where data issues will crop up next and the tiresome game of 'who's to blame' when pinpointing the failure. Getting your data reliable is a start, but many other problems arise even if your data could be better.
Sisense
APRIL 6, 2020
Your data teams and analytic platforms will be key to navigating times of growing uncertainty. Below we explore the evolving needs of data and analytics through the lens of crisis management in the retail industry. Tracking rapidly changing circumstances. Responding to volatility in both supply and demand.
IBM Big Data Hub
MAY 19, 2020
With COVID-19 and the current market uncertainty, every business leader is under unprecedented pressure to cut their expenses while still ensuring business continuity - no one, more so than the CIO.
Sisense
MARCH 24, 2020
We provide actionable advice around how organizations, and ultimately the builders of data and analytic apps, are adapting to meet these changes. They understood the need to maintain momentum in their analytics program in the face of an overwhelming crisis. One area they refused to cut, however, was their business intelligence program.
CIO Business Intelligence
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For instance, the increasing cost of capital has affected access to and use of money across all sectors; an increasing regulatory focus on competition and industry dynamics has driven increased scrutiny as a critical factor for uncertainty; geopolitical uncertainties, including unprecedented conflicts across many regions, have forced delays.
Srividya Sridharan
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And data, analytics, and AI are going to drive this future. These capabilities are becoming more crucial to stay ahead of uncertainty and change and get smarter about every aspect of your business: your customers, your suppliers and partners, your competitors, your employees, your processes, your operations, and your markets.
Cloudera
JUNE 1, 2021
Integration between lifecycle analytic functions matters. The mission is to “Make data and analytics easy and accessible, for everyone.” The analytics we deliver must be easy to use for both IT practitioners and line of business users. Hybrid cloud matters. Multi-cloud matters. Consistent security and governance matters.
CIO Business Intelligence
DECEMBER 5, 2024
AI faces a fundamental trust challenge due to uncertainty over safety, reliability, transparency, bias, and ethics. SAS and Intel have forged a partnership that integrates high-performance computing hardware with advanced analytics software to drive sustainability, energy efficiency, and cost-effectiveness.
CIO Business Intelligence
FEBRUARY 20, 2025
The new requirements will include creative and analytical thinking, technical skills, a willingness to engage in lifelong learning and self-efficacy. While data tends to be used in tactical-operational areas such as HR reporting and controlling, there is still room for improvement in the strategic area of people analytics.
CIO Business Intelligence
SEPTEMBER 2, 2022
What may not be as obvious is the company’s investments and activities in advanced analytics, digital manufacturing, electrification, intelligent products as well as autonomy and active safety, that are being applied in vehicles today and may one day be used by NASA as it returns to the moon with its planned sustained human exploration project.
CIO Business Intelligence
SEPTEMBER 2, 2022
What may not be as obvious is the company’s investments and activities in advanced analytics, digital manufacturing, electrification, intelligent products as well as autonomy and active safety, that are being applied in vehicles today and may one day be used by NASA as it returns to the moon with its planned sustained human exploration project.
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