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Sales Robots: How AI is Taking Over Sales

#artificialintelligence

These predictions can be troubling for many workers, but less for sales professionals. Artificial Intelligence (AI) technology can help companies analyze customer data and provide meaningful insights from data. These insights are then used to make sales predictions, personalized product recommendations, and important sales moves. Taking over does not mean that AI robots will take sales jobs from people. Taking over means that AI is becoming a necessity for retailers.


Labeling data for 3D object tracking and sensor fusion in Amazon SageMaker Ground Truth Amazon Web Services

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Amazon SageMaker Ground Truth now supports labeling 3D point cloud data. For more information about the launched feature set, see this AWS News Blog post. In this blog post, we specifically cover how to perform the required data transformations of your 3D point cloud data to create a labeling job in SageMaker Ground Truth for 3D object tracking use cases. Autonomous vehicle (AV) companies typically use LiDAR sensors to generate a 3D understanding of the environment around their vehicles. For example, they mount a LiDAR sensor on their vehicles to continuously capture point-in-time snapshots of the surrounding 3D environment.


Revisiting AI's role in retail

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It was just a few months ago that NRF looked at AI in retail, questioning whether 2020 might be the year that it finally took off. How quickly things can change. Artificial intelligence and its companion, machine learning, have been upended along with every other aspect of retail. And while AI's ability to anticipate the future might have been damaged by toilet-paper hoarding, bread-baking shoppers, it also might provide an unexpected roadmap for the future. Machine-learning based AI has been "thrown for a loop by the coronavirus," says Nikki Baird, vice president of retail innovation at Aptos.


Analytical Skills for AI and Data Science: Building Skills for an AI-Driven Enterprise: Vaughan, Daniel: 9781492060949: Amazon.com: Books

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The central premise of this book is that value at the enterprise is created by making decisions, not with data or predictive technologies alone. Nonetheless, we can piggyback on the big data and AI revolutions and start making better choices in a systematic and scalable way, by transforming our companies into modern AI- and data-driven decision-making enterprises. To make better decisions, we first need to ask the right questions, forcing us to move from descriptive & predictive analyses to prescriptive courses of action. I devote the first few chapters to clarifying these concepts and explaining how to ask better business questions suitable for this type of analysis. I then delve into the anatomy of decision-making, starting with the consequences or outcomes we want to achieve, moving backward to the actions we can take, and discussing the problems and opportunities created by intervening uncertainty and causality.


OMBA: User-Guided Product Representations for Online Market Basket Analysis

arXiv.org Machine Learning

Market Basket Analysis (MBA) is a popular technique to identify associations between products, which is crucial for business decision making. Previous studies typically adopt conventional frequent itemset mining algorithms to perform MBA. However, they generally fail to uncover rarely occurring associations among the products at their most granular level. Also, they have limited ability to capture temporal dynamics in associations between products. Hence, we propose OMBA, a novel representation learning technique for Online Market Basket Analysis. OMBA jointly learns representations for products and users such that they preserve the temporal dynamics of product-to-product and user-to-product associations. Subsequently, OMBA proposes a scalable yet effective online method to generate products' associations using their representations. Our extensive experiments on three real-world datasets show that OMBA outperforms state-of-the-art methods by as much as 21%, while emphasizing rarely occurring strong associations and effectively capturing temporal changes in associations.


Creating a persistent custom R environment for Amazon SageMaker Amazon Web Services

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Amazon SageMaker is a fully managed service that allows you to build, train, and deploy machine learning (ML) models quickly. Amazon SageMaker removes the heavy lifting from each step of the ML process to make it easier to develop high-quality models. In August 2019, Amazon SageMaker announced the availability of the pre-installed R kernel in all Regions. This capability is available out-of-the-box and comes with the reticulate library pre-installed. This library offers an R interface for the Amazon SageMaker Python SDK, which enables you to invoke Python modules from within an R script.


Boosting the Assembly and Deployment of Artificial Intelligence Solutions with KNIME Visual Data Science Tools Amazon Web Services

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With rapid advancements in machine learning (ML) techniques over the past decade, intelligent decision-making and prediction systems are poised to transform productivity and lead to significant economic gains. A study conducted by PwC Global concludes that by the end of this decade, the total positive impact of artificial intelligence (AI) on the global economy could be above $15 trillion, driven mostly by enhancements in consumer products. To make that happen, however, businesses must make strategic investments in the type of technology that moves AI projects into production (productionizing) and helps customers deploy them. Unfortunately, PwC's survey reveals the percentage of executives planning to deploy AI has gone down from 20 percent a year ago to only 4 percent at the beginning of 2020. The primary reason for this decrease is the gap between the growing volume of data and data-driven modeling capabilities, and the necessary skills and toolsets.


Scalable Learning and MAP Inference for Nonsymmetric Determinantal Point Processes

arXiv.org Machine Learning

Determinantal point processes (DPPs) have attracted significant attention from the machine learning community for their ability to model subsets drawn from a large collection of items. Recent work shows that nonsymmetric DPP kernels have significant advantages over symmetric kernels in terms of modeling power and predictive performance. However, the nonsymmetric kernel learning algorithm from prior work has computational complexity that is cubic in the size of the DPP ground set, from which subsets are drawn, making it impractical to use at large scales. In this work, we propose a new decomposition for nonsymmetric DPP kernels that induces linear-time complexity for learning and approximate maximum a posteriori (MAP) inference. We also prove a lower bound on the quality of this MAP approximation. Through evaluation on real-world datasets, we show that our new decomposition not only scales better, but also matches or exceeds the predictive performance of prior work.


Delivering real-time racing analytics using machine learning Amazon Web Services

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AWS DeepRacer is a fun and easy way for developers with no prior experience to get started with machine learning (ML). At the end of the 2019 season, the AWS DeepRacer League engaged the Amazon ML Solutions Lab to develop a new sports analytics feature for the AWS DeepRacer Championship Cup at re:Invent 2019. The purpose for these real-time analytics was to provide context and more in-depth experience with top competitors' strategies and tactics. This helped viewers tangibly interpret how specific model strategy translated to on-track performance, which further demystified ML development and demonstrated its real-world application. This enhancement enabled fans to monitor the performance and driving style of competitors from around the world.


Azure Machine Learning--what's new from Build 2020

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Machine learning (ML) is gaining momentum across a number of industries and scenarios as enterprises look to drive innovation, increase efficiency, and reduce costs. Microsoft Azure Machine Learning empowers developers and data scientists with enterprise-grade capabilities to accelerate the ML lifecycle. At Microsoft Build 2020, we announced several advances to Azure Machine Learning across the following areas: ML for all skills, Enterprise grade MLOps, and responsible ML. New enhancements provide ML access for all skills. Data scientists and developers can now access an enhanced notebook editor directly inside Azure Machine Learning studio.