Machine Learning Times
Machine Learning Times
EXCLUSIVE HIGHLIGHTS
Video – How to Use AI Ethically from Natalia Modjeska of Omdia
 Event: Machine Learning Week 2021 Keynote: How to Use AI...
Video – Alexa On The Edge – A Case Study in Customer-Obsessed Research from Susanj of Amazon
 Event: Machine Learning Week 2021 Keynote: Alexa On The Edge...
Why AI Isn’t Going to Replace Data Scientists Any Time Soon
 Should data scientists consider AI a threat to their...
“Doing AI” Is a Mistake that Detracts from Real Problem-Solving
  A note from Executive Editor Eric Siegel: Richard...

Original Content

A Good Business Objective Beats a Good Algorithm

 Predictive Modeling competitions, once the arena for a few data mining conferences, has now become big business. Kaggle (kaggle.com) is perhaps the most well-known forum for modeling competitions, using a crowd-sourcing mentality: if more people try to solve a problem, the likelihood that someone will create an excellent solution to that problem increases. The participants,

Retail Predictive Analytics for Price Optimization & Markdown Management

 There is no doubt that price is one of the biggest factors affecting gross margin, sales volumes and overall customer service level in any retail organization. A small adjustment in price can significantly alter consumer demand, profit,...

It is a Mistake to…. Rely on One Technique

 (Part 3 of 11 of the Top 10 Data Mining Mistakes, drawn from the Handbook of Statistical Analysis and Data Mining Applications) -John Elder (elder datamininglab com) “To a little boy with a hammer, all...

The Musings of a (Young) Data Scientist

I quit my job as a Mathematical Statistician after one year and two days. I left behind great benefits, job security, and guaranteed raises entirely because I felt unfulfilled. I was bored, lacked a sense of a...

Big Data Continued…

Big Data is not a singular concept but rather a label for a range of data issues. A few months ago I wrote an article about the Volume, Velocity, and Variety (and other “V’s”) of big...

How to Calculate the Optimal Safety Stock using Retail Predictive Analytics.

In a perfect world, a retailer knows exactly how much demand they can expect, they order just enough inventory from their vendors and suppliers to completely sell it throughout their stores by the end of the given...

The Role of Analysts After Model Deployment

Last month I made the case for discussing model deployment. One of the mistakes I see organizations make related to deployment is this: after the model is deployed, there is little or no thought about that model...

How predictive analytics will power the internet of things

Recently, Nissan Motor announced that they will release a self driving car by 2020. According to Karl Brauer of Kelley Blue Book, “The technology to create self-driving cars is already here, as sci-fi as it...

Prediction Isn’t Just About Stocks. Predictive Persuasion

Prediction isn’t just for the stock market. Trading is just one of many ways to cash in on quantitative foresight. For mass marketing – and even presidential campaigns – it’s another story. In those areas, putting odds...

The Greatest Power of Big Data: Predictive Analytics

Every day’s a struggle. I’ve faced some tough challenges such as which surgery to get, how to invest for my business and even how to deal with identify theft. With so much stuff coming at me from...

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