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 algorithm and model


Classification problem in liability insurance using machine learning models: a comparative study

arXiv.org Machine Learning

The insurance company uses different factors to classify the policyholders. In this study, we apply several machine learning models such as nearest neighbour and logistic regression to the Actuarial Challenge dataset used by Qazvini (2019) to classify liability insurance policies into two groups: 1 - policies with claims and 2 - policies without claims. The applications of Machine Learning (ML) models and Artificial Intelligence (AI) in areas such as medical diagnosis, economics, banking, fraud detection, agriculture, etc, have been known for quite a number of years. ML models have changed these industries remarkably. However, despite their high predictive power and their capability to identify nonlinear transformations and interactions between variables, they are slowly being introduced into the insurance industry and actuarial fields.


Leveraging Cloud Computing to Make Autonomous Vehicles Safer

arXiv.org Artificial Intelligence

The safety of autonomous vehicles (AVs) depends on their ability to perform complex computations on high-volume sensor data in a timely manner. Their ability to run these computations with state-of-the-art models is limited by the processing power and slow update cycles of their onboard hardware. In contrast, cloud computing offers the ability to burst computation to vast amounts of the latest generation of hardware. However, accessing these cloud resources requires traversing wireless networks that are often considered to be too unreliable for real-time AV driving applications. Our work seeks to harness this unreliable cloud to enhance the accuracy of an AV's decisions, while ensuring that it can always fall back to its on-board computational capabilities. We identify three mechanisms that can be used by AVs to safely leverage the cloud for accuracy enhancements, and elaborate why current execution systems fail to enable these mechanisms. To address these limitations, we provide a system design based on the speculative execution of an AV's pipeline in the cloud, and show the efficacy of this approach in simulations of complex real-world scenarios that apply these mechanisms.


Quantum computing, blockchains: How the U.S. can update systems for AI potential

FOX News

Countries looking to fully utilize artificial intelligence (AI)'s potential and capabilities will need to look for upgrades to data storage and processing, turning to either blockchains or quantum computing for the way forward, experts told Fox News Digital. "You're going to have massive data storage issues and issues for computation when you get into pattern recognition," Christopher Alexander, chief analytics officer of Pioneer Development Group, told Fox News Digital. The race to develop and implement AI systems cannot occur without proper infrastructure, according to TS2 Space, a Polish internet service provider for the U.S. Army in areas like Iraq and Afghanistan. In a blog post on the company website, TS2 Space highlighted the challenges AI infrastructure faces, including "the sheer volume of data" and "the complexity of AI algorithms and models." "Developing and deploying AI applications require a deep understanding of the underlying algorithms and models, as well as the ability to fine-tune them for specific use cases," the company wrote.


Is AI taking over Art Industries?

#artificialintelligence

What seems to be on most people's lips recently with the exception of and the holidays and web3 seems to be Artificial intelligence (AI). The recent developments and advancement of AI has made a lot of people wonder if Artificial intelligence would one day take over prominent jobs of humans or is this happening already? IS ARTIFICIAL INTELLIGENCE TAKING OVER ART INDUSTRIES? I decided to write this article to show some of my views on Artificial intelligence in relation with the possibility of AI taking over art industries. Let me begin by actually introducing AI.


Learning to Act: Novel Integration of Algorithms and Models for Epidemic Preparedness

arXiv.org Artificial Intelligence

In this work we present a framework which may transform research and praxis in epidemic planning. Introduced in the context of the ongoing COVID-19 pandemic, we provide a concrete demonstration of the way algorithms may learn from epidemiological models to scale their value for epidemic preparedness. Our contributions in this work are two fold: 1) a novel platform which makes it easy for decision making stakeholders to interact with epidemiological models and algorithms developed within the Machine learning community, and 2) the release of this work under the Apache-2.0 The objective of this paper is not to look closely at any particular models or algorithms, but instead to highlight how they can be coupled and shared to empower evidence-based decision making. This work provides a concrete example of a new paradigm to inform decision support processes in a public health context.


Forget about algorithms and models -- Learn how to solve problems first

#artificialintelligence

Almost weekly a friend or an acquaintance asks me, I want to learn to code; which language should I start with? More or less bi-weekly I get a DM on LinkedIn starting with My son should start programming; what is the best language for him? It's not just people who've never coded before. Often I get these messages from people who have several years of coding experience under their belts. I'm not saying this to complain.


Managing Machine Learning Projects

#artificialintelligence

Guide machine learning projects from design to production with the techniques in this unique project management guide. No ML skills required! In Managing Machine Learning Projects you’ll learn essential machine learning project management techniques, including: Understanding an ML project’s requirements Setting up the infrastructure for the project and resourcing a team Working with clients and other stakeholders Dealing with data resources and bringing them into the project for use Handling the lifecycle of models in the project Managing the application of ML algorithms Evaluating the performance of algorithms and models Making decisions about which models to adopt for delivery Taking models through development and testing Integrating models with production systems to create effective applications Steps and behaviors for managing the ethical implications of ML technology Managing Machine Learning Projects is an end-to-end guide for project managers who need to deliver machine learning applications on time and under budget. It gives you a unique set of tools, approaches, and processes designed to handle the unique requirements of machine learning project management—all proven in practice to deliver success in full-scale business environments. You’ll follow an in-depth case study of a Bike Shop developing their first machine learning application and see how to put each technique into practice. Throughout, the book gives strong consideration to the ethical issues of ML, including data privacy, and community impact. You’ll learn how to avoid and mitigate these issues and keep your machine learning project from being exposed to failure.


A guide to machine learning in search: Key terms, concepts and algorithms

#artificialintelligence

When it comes to machine learning, there are some broad concepts and terms that everyone in search should know. We should all know where machine learning is used, and the different types of machine learning that exist. Read on to gain a better grasp of how machine learning impacts search, what the search engines are doing and how to recognize machine learning at work. Let's start with a few definitions. Then we'll get into machine learning algorithms and models.


Top Machine Learning Algorithms for Predictions. A Short Overview.

#artificialintelligence

Companies have always been very interested in expanding and improving their decision-making principles. In the past, business decisions were largely based on the experience of proven employees and gut instincts. Over time, accounting systems have become easier and better at revising past business data for interesting patterns and deviations. The problem with these analyzes, however, was that they were always focused on the past. More than one "Lessons Learned" was not in it.


Trust in the Machine: The Exponential Rise of Human AI in Banking

#artificialintelligence

Our entire lives, both inside and outside work, are dictated by the decisions that we make. In the main, we're hardwired to subconsciously learn from our mistakes, to avoid bad decisions and to question how we'd improve our decision-making if faced with similar scenarios in the future. AI (artificial intelligence) brains are, by and large, programmed the same way as a human brain. Advanced AI and deep learning are built to learn from human decisions, ask the same questions and reinforce the same principles. And the more seamlessly human that AI becomes, the more we can connect and relate to this incredible technology and the more we can trust it to sharpen and improve our decision-making and, ultimately, our lives.