datanami
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Revolutionizing Data Collaboration with Federated Machine Learning
From healthcare and government to the financial sector and beyond, advanced data science models and big data projects are unlocking insights that can deliver everything from novel approaches to preventing and treating disease to highly effective financial fraud detection and more. Organizations looking to embark on data collaboration initiatives must overcome obstacles such as data ownership issues, compliance requirements for a variety of regulations and more. In today's data-filled world, ensuring privacy and security is paramount, and the measures to which organizations must go to achieve this can make collaborative data science difficult. The potential consequences of sustaining any kind of privacy or security breach (noncompliance, fines, reputational damage, etc.) can cause organizations to shy away from sharing data sets that could spark the next life-saving medical treatment or momentous public service program. Luckily, organizations across many industries are recognizing just how much upside we're leaving on the table if valuable data sets remain siloed.
- Health & Medicine (0.94)
- Information Technology > Security & Privacy (0.58)
Calls for AI Regulation Gain Steam
Should restrictions be placed on the use of artificial intelligence? Google CEO Sundhar Pichai certainly does, and so do a host of other business leaders, including the CEOs of IBM and H2O.ai, as the chorus of calls for putting limits on the spread of the rapidly evolving technology gets louder. Pichai aired his opinion on the matter in an opinion piece published Monday in the Financial Times, titled "Why Google thinks we need to regulate AI" (story is protected by a paywall). In the story, Pichai, who is also CEO of Google's parent company, Alphabet, shared his lifelong love of technology, as well as the breakthroughs that his company is making in using AI to fight breast cancer, improve weather forecasts, and reduce flight delays. As virtuous as these AI-powered accomplishments are, they don't account for the negative impacts that AI also can have, Pichai wrote.
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- Information Technology > Security & Privacy (1.00)
- Government (1.00)
- Law > Statutes (0.67)
AI Bias a Real Concern in Business
This number jibes with another finding from the DataRobot survey: that 38% of the organizations surveyed reported they use "black box" machine learning systems that offer no insight into how it makes decisions. The juxtaposition of AI bias concerns and black box systems is enough to warrant serious questions about the direction compaines should take with their machine learning, according to John Giannandrea, Apple's senior vice president of machine learning and AI strategy. "If someone is trying to sell you a black box system… and you don't know how it works or what data was used to train it, then I wouldn't trust it," DataRobot quotes Giannandrea as saying in its report. The survey indicates that organizations are aware of the potential pitfalls and are actively working to mitigate it. DataRobot found that 64% of survey respondents say they're "very to extremely" confident in their ability to identify AI bias.
- Europe > United Kingdom (0.14)
- North America > United States (0.08)
Which Programming Language Is Best for Big Data?
Nothing is quite so personal for programmers as what language they use. Why a data scientist, engineer, or application developer picks one over the other has as much to do with personal preference and their employers' IT culture as it does the qualities and characteristics of the language itself. But when it comes to big data, there are some definite patterns that emerge. The most important factor in choosing a programming language for a big data project is the goal at hand. If the organization is manipulating data, building analytics, and testing out machine learning models, they will probably choose a language that's best suited for that task.
- Information Technology > Software > Programming Languages (1.00)
- Information Technology > Data Science > Data Mining > Big Data (1.00)
- Information Technology > Artificial Intelligence > Machine Learning (1.00)
Inside Overstock's One-to-One Marketing Machine
Like many online retailers, Overstock closely tracks the behavior of visitors on its site. But transforming all those individual page views and clicks into actual revenue is easier said than done. The company recently discussed with Datanami how it overcame challenges in building its own one-to-one marketing analytics system, and what results it's delivered this year. Overstock emerged from the wreckage of the first dot-com boom with a winning business plan: sell the excess merchandise of failed retail outfits at below-wholesale levels, build a loyal following, rinse, and repeat. Now nearly two decades in, Overstock has expanded to sell new products, and it all adds up to nearly $2 billion in revenue annually.
- North America > United States > Utah > Salt Lake County > Midvale (0.05)
- North America > United States > New York (0.05)
- Information Technology > Data Science (1.00)
- Information Technology > Cloud Computing (1.00)
- Information Technology > Communications > Social Media (0.40)
- Information Technology > Artificial Intelligence > Machine Learning (0.34)
Announcing @Datanami Named "Media Sponsor" of @CloudExpo #BigData #Analytics #AI #DX #IoT
SYS-CON Events announced today that Datanami has been named "Media Sponsor" of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datanami is a communication channel dedicated to providing insight, analysis and up-to-the-minute information about emerging trends and solutions in Big Data. Datanami examines the avalanche of unprecedented amounts of data and the impact the high-end data explosion is having across the IT, enterprise, and commercial markets. With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo, October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations.
- North America > United States > New York > Richmond County > New York City (0.28)
- North America > United States > New York > Queens County > New York City (0.28)
- North America > United States > New York > New York County > New York City (0.28)
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- Information Technology (1.00)
- Banking & Finance > Financial Services (0.32)
- Information Technology > Cloud Computing (1.00)
- Information Technology > Data Science > Data Mining > Big Data (0.39)
- Information Technology > e-Commerce > Financial Technology (0.36)
- Information Technology > Artificial Intelligence > Machine Learning (0.30)