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3 new steps in the data mining process to ensure trustworthy AI

IBM Big Data Hub

To help data scientists reflect and identify possible ethical concerns the standard process for data mining should include 3 additional steps: data risk assessment, model risk assessment and production monitoring. Data risk assessment. Model risk management.

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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

They trade the markets using quantitative models based on non-financial theories such as information theory, data science, and machine learning. Whether financial models are based on academic theories or empirical data mining strategies, they are all subject to the trinity of modeling errors explained below. Not even close.

Modeling 183
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AI Helps Mitigate These 5 Major Supplier Risks

Smart Data Collective

Because the internet reveals more about supplier relationships and social media provides consumers with louder voices , businesses need to be especially careful about the brand reputation risks they face in their supply chains. How can AI help with brand reputation management? Competitive Advantage Risk.

Risk 144
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How Big Data Analytics & AI Combined can Boost Performance Immensely

Smart Data Collective

Above all, there needs to be a set methodology for data mining, collection, and structure within the organization before data is run through a deep learning algorithm or machine learning. Bg data has been very responsive in responding to risk management by providing new solutions. Innovations.

Big Data 122
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What is data governance? Best practices for managing data assets

CIO Business Intelligence

A framework for managing data 10 master data management certifications that will pay off Big Data, Data and Information Security, Data Integration, Data Management, Data Mining, Data Science, IT Governance, IT Governance Frameworks, Master Data Management

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Traits AI Startups Seek When Hiring New Employees

Smart Data Collective

As far as Data Analysis is concerned, potential employees should have an extensive knowledge of quantitative research, quantitative reporting, compiling statistics, statistical analysis, data mining, and big data.

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4 Ways Big Data Has Made Bluetooth A Terrifying Security Risk

Smart Data Collective

They use a variety of data mining tools to make this possible. These messages might encourage the recipient to take some sort of action that can lead to further data exploitation. . #1 Bluebugging.

Big Data 106