A rule-based system may be viewed as consisting of three basic components: a set of rules [rule base], a data base [fact base], and an interpreter for the rules. In the simplest design, a rule … can be viewed as a simple conditional statement, and the invocation of rules as a sequence of actions chained by modus ponens.
– from The Origin of Rule-Based Systems in AI. Randall Davis and Jonathan J. King, reprinted as Ch. 2 of Rule Based Expert Systems: The Mycin Experiments of the Stanford Heuristic Programming Project (The Addison-Wesley Series in Artificial Intelligence). Bruce G. Buchanan and Edward H. Shortliffe (Eds.). Addison-Wesley Longman Publishing Co., Inc., Boston, MA, USA, 1984.
Companies like Amazon, and Facebook are setting the standard for customer expectations and customer experience. This includes everything from understanding the whole customer journey, defining the context and personalizing it, to ensuring the payment experience is seamless and frictionless without compromising security. Personalization and contextuality in the mobile payment domain is evolving with Machine to Machine payments. As the popularity of in-app experiences grow, like those used by Uber, there's a corresponding need for a streamlined IoT enabled payment system. Billions of IoT devices are connected all over the world, and it won't be long before almost all of our devices and technologies are connected through IoT.
Data scientists are the among the most in-demand tech workers: CIOs reveal where they find the best candidates and how they use them. The UK operation of Save the Children (SCUK) works to save lives by preparing for and responding to humanitarian emergencies caused by natural disasters, disease outbreaks, and armed conflicts. Like many charities, SCUK faces a number of challenges in fulfilling its mission. These include regulatory and compliance requirements such as the upcoming General Data Protection Regulation (GDPR), which requires charities to be open about how they manage data and spend funds to avoid any suspicion of fraud; overcome "donor fatigue," where donors are contacted by numerous charities; and transparency, which requires charities to be open about how they manage their data. A key data management challenge SCUK faced was trying to speed up the cleansing and loading of data into its customer relationship management (CRM) system from 50-plus streams, combining donations from direct debit, online, SMS messaging, TV campaigns, and other sources.
Note: This is an edited version of an article I wrote for RT Insights. I'm convinced we are entering the Golden Age of artificial intelligence (AI); with so much promise and potential in front of us, I am feeling a little like Neo in The Matrix as he swallows the red pill. However, rather than science fiction, my recent work at FICO to make AI better has drawn upon my background in theoretical physics to create what we call defensive AI. This is needed, because AI-based attacks are not science fiction -- they are happening today. Businesses have relied on AI to fight fraud and financial crime for more than 25 years.
Io-Tahoe, a machine learning-driven smart data discovery company recently announced the launch of its smart data discovery platform at the Gartner Data & Analytics 2018 Summit, where it will showcase the product. The new version includes the addition of Data Catalog, a new feature designed to allow data owners and stewards to use a machine learning-based smart catalog to create, maintain and search business rules. Also, it would help define policies and provide governance workflow functionality. It reportedly enables a business user to govern the rules and define policies for critical data elements. It allows data-driven enterprises to enhance information about data automatically, regardless of the underlying technology and build a data catalog.
Top insurance trends where InsurTech is expected to make its mark in the next three years were identified in an Infosys market survey as big data for customer insight and wallet share, cyber security for data protection and compliance, artificial intelligence (AI) for underwriting and automation, and technology for business rules extraction. The financial services sector, including insurers and reinsurers, are among top investors in these technologies and cyber security, big data analytics, enterprise cloud and AI are the four digital technologies most in use by re/insurers today, according to the Infosys digital outlook report. Insurers and reinsurers have been turning to the Internet of Things (IoT) to expand the horizons of actuarial science for measuring and mitigating risk with measures such as including data from automotive sensors, wearable fitness trackers and telematic devices to assess risk and reduce fraud. The industry has become adept at applying new technologies to "both the pitfalls and the opportunities of digital technologies," said Infosys. AI is being used within the insurance industry for compliance risk management and predicting and preventing deviations.
"We will always do what is necessary to defend ourselves, our allies and our values against an attack of this sort, which is an attack not only on the United Kingdom, but upon the international rules-based system on which all countries, including Russia, depend for their safety and security," Bristow told reporters.
The Trump administration issued a ruling that expands the entities which can exempt themselves from the contraception mandate in the Affordable Care Act. A federal judge in Boston Monday threw out a lawsuit by Massachusetts' attorney general that attempted to block the Trump administration's rules expanding exemptions from ObamaCare's birth control mandate. U.S. District Judge Nathaniel Gorton said Massachusetts lacked standing to sue and noted that "the record is uniquely obscure" regarding whether employers in the state would take advantage of the exemptions. In a statement, Massachusetts Attorney General Maura Healey said that she was disappointed in the decision but remained committed to ensuring "affordable and reliable reproductive health care for women." ObamaCare originally required most companies to cover birth control at no additional cost, though it included exemptions for religious organizations.