operational complexity and risk
Building and Operationalizing Machine Learning Models: Three tips for success - KDnuggets
One of the biggest promises of machine learning was that it would make things easier by computerizing human cognition. More enterprises are implementing machine learning (ML) to improve revenue and operations as they digitally transform their businesses. But with all the promise and opportunity behind ML, it can quickly make life harder for the teams tasked with managing it in production. Across industries, organizations are using ML for all manner of processes: predicting prices, detecting fraud, classifying health risks, processing documents, preventive maintenance, and more. Models are trained and evaluated on historical data until they appear to fit targets for performance and accuracy.