Machine Learning: The Cure for Decision Bias
We all know that machine learning offers unprecedented efficiency and accuracy in analyzing data to make predictions, recommend actions, and automate simple tasks. But, machine learning delivers an additional benefit that, while less widely discussed, is every bit as vital: objectivity. No matter how vigorously we strive to remain objective, every human decision is subject to cognitive biases, limitations on the thinking process that lead to flawed judgments. With machine learning, organizations can remove -- or at least lessen the impact of -- the bias factor in business intelligence, ensuring that all information is accurately considered and weighted to produce an optimal outcome, every single time. In an ideal business world, workers would approach each decision by examining all the available information and drawing the most logical conclusion.
Aug-28-2017, 19:38:43 GMT
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