BEHAVIOR


How AI Could Change Amazon: A Thought Experiment

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What happens to Amazon's strategy as their data scientists, engineers, and machine learning experts work tirelessly to dial up the accuracy on the prediction machine? That said, one can imagine a scenario where Amazon adopts the new strategy even before the prediction accuracy is good enough to make it profitable because the company anticipates that at some point it will be profitable. Today, in the case of AI, some companies are making early bets anticipating that the dial on the prediction machine will start turning faster once it gains momentum. In 2016, GM paid over $1B to acquire AI startup Cruise Automation, and in 2017, Ford invested $1B in AI startup Argo AI, and John Deere paid over $300M to acquire AI startup Blue River Technology – all three startups had generated negligible revenue relative to the price at the time of purchase.


Using Machine Learning To Multiply Your Digital Marketing ROI 7wData

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Advancements in machine learning, predictive analytics, big data and artificial intelligence aren't limited to Fortune 500 companies. But there is one critical area of the financial industry that has yet to dive deeply into the opportunities of machine learning: Marketing. The homepage on a bank or credit union website is one of the most powerful messaging channels in the financial marketer's arsenal. The largest and most valuable piece of real estate on the website homepage is called the marquee banner -- the big marketing panel that dominates the screen when a user first loads the site.


Artificial intelligence prevails at predicting Supreme Court decisions

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Artificial intelligence can predict Supreme Court decisions better than some experts. Decision outcomes included whether the court reversed a lower court's decision and how each justice voted. The model then looked at the features of each case for that year and predicted decision outcomes. "Every time we've kept score, it hasn't been a terribly pretty picture for humans," says the study's lead author, Daniel Katz, a law professor at Illinois Institute of Technology in Chicago.


The 6 top machine learning trends

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The complexity, as well as the number of active servers to manage, has increased significantly, resulting in a much larger amount of collected data to sort through and track. Despite the increase in instrumentation capabilities and the amount of collected data, enterprises barely use significantly larger data sets to improve availability and performance process effectiveness with root cause analysis and incident prediction. This field studies how to design algorithms that can learn by observing data, discovering new insights in data, developing systems that can automatically adapt and customize themselves, and designing systems where it is too complicated and costly to implement all possible circumstances (such as search engines and self-driving cars). Many organizations are finding that machine learning allows them to better analyze large amounts of data, gain valuable insights, reduce incident investigation time, determine which alerts are correlated, and what causes event storms – and even prevent incidents from happening in the first place.


Can artificial intelligence help thwart ransomware?

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Last week, the WannaCry ransomware attack crippled their network -- one report suggested people with life-threatening injuries were told not to come to the hospital. In the future, security systems could use artificial intelligence to monitor user behavior, track activity, suggest when there may be a danger and even mount an attack against the ransomware purveyors, effectively rendering the deadly malware client inoperable. Raja Mukerji, the cofounder and Chief Customer Officer at ExtraHop Networks, equates how an AI can block ransomware to how airport security stops people from using water bottles. A new technique using AI in airport security would not block all water bottles.


The Two Phases of Gradient Descent in Deep Learning

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Thanks to great experimental work by several research groups studying the behavior of Stochastic Gradient Descent (SGD), we are collectively gaining a much clearer understanding as to what happens in the neighborhood of training convergence. This paper I first discussed several months ago in a blog post "Rethinking Generalization in Deep Learning". Leslie Smith and Nicholay Topin, recently submitted a workshop paper to the ICLR 2017 workshop: "Exploring Loss Function Topology with Cyclic Learning Rate" where they discover some peculiar convergence behavior: Here, as you monotonically increase and decrease the learning rate, there is a transition near at the convergence regime that a large enough learning rate perturbs the system right off is basin into a space of much higher loss. There is however one pragmatic take away from this paper "Averaging two models within a basin tend to give a error that is the average of the two models (or less).Averaging two models between basins tend to give an error that is higher than both models".


This Is What a True Artificial Intelligence Really Is

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To borrow a cliché opening from the last high school commencement or Maid of Honor speech you heard, the dictionary defines artificial intelligence (AI) as 1: a branch of computer science dealing with the simulation of intelligent behavior in computers; and 2: the capability of a machine to imitate intelligent human behavior. But, do these definitions really explain the difference between an artificially intelligent system and one that's just programmed to be useful? What is "intelligent" behavior or, more specifically, "intelligent human behavior"? For many, the term "artificial intelligence" draws to mind humanoid robots like C-3PO from "Star Wars" or Dolores from "Westworld."


A Strategist's Guide to Artificial Intelligence

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Then, as high-bandwidth networking, cloud computing, and high-powered graphics-enabled microprocessors emerged, researchers began building multilayered neural networks -- still extremely slow and limited in comparison with natural brains, but useful in practical ways. The type of machine learning called deep learning has become increasingly important. Tomorrow's AI aggregators will be able to detect "fake news" and route people to alternative perspectives. AI applications in daily use include all smartphone digital assistants, email programs that sort entries by importance, voice recognition systems, image recognition apps such as Facebook Picture Search, digital assistants such as Amazon Echo and Google Home, and much of the emerging Industrial Internet.


Deep learning boosted AI. Now the next big thing in machine intelligence is coming

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Inside a simple computer simulation, a group of self-driving cars are performing a crazy-looking maneuver on a four-lane virtual highway. Half are trying to move from the right-hand lanes just as the other half try to merge from the left. It seems like just the sort of tricky thing that might flummox a robot vehicle, but they manage it with precision. I'm watching the driving simulation at the biggest artificial-intelligence conference of the year, held in Barcelona this past December. What's most amazing is that the software governing the cars' behavior wasn't programmed in the conventional sense at all.


How Artificial Intelligence Is Changing The Retail Experience For Consumers

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Mark Zuckerberg Says Fake News On Facebook Did Not Sway The U.S. Election Artificial Intelligence (AI) is changing everything from marketing to healthcare. And this holiday season is the beginning of the future for how marketers will leverage AI to better understand, connect with, and create superior experiences for consumers. To better appreciate the impact that AI is having on retailers, I connected with IBM's first CMO, Michelle Peluso. Peluso has a strong background in retail, having served at the CEO of Gilt as well as the Global Consumer Chief Marketing and Internet Officer at Citigroup. Peluso provides her thoughts below on how Watson's AI capability is changing the way retailers impact the consumer shopping experience.