Machine Learning with Transparency Changes the Art of the Possible in Marketing

Most marketers are just beginning to explore machine learning applications.  Machine learning is already providing tremendous analytic efficiency gains and increased precision.

Speed to Insight – How Marketers Can Achieve Long Term Competitive Advantage

Machine learning helps level the playing field for all marketers if applied effectively, because it can quickly be deployed at speed and scale within critical areas of the business – such as preventing high value customers from leaving or more effectively attracting and delighting high value customers through more relevant dialogs.

Marketers Need Granular Transparency Behind Machine Learning Predictions

Demand for explainable AI over the last year has started to ramp up from a variety of perspectives. DARPA, the Defense Advanced Research Projects Agency, for example, has been calling for more explainable machine learning models that human users can understand and trust.

Revealing the Secrets of AI or Killing Machine Learning?

  08/22/2017   Dave Irwin   Financial   No comments

The General Data Protection Regulation (or GDPR) going into effect in the EU in 2018 requires that algorithms used to make credit or insurance decisions must be explainable to consumers.

The Financial World Wants to Open AI’s Black Boxes

  08/22/2017   Dave Irwin   Financial   No comments

For financial services firms, the fact that artificial intelligence algorithms are “black boxes” that don’t enable them to explain decisions is a major problem to due legislative requirements.

McKinsey’s 2016 Analytics Study Defines the Future of Machine Learning

  08/22/2017   Dave Irwin   Retail   No comments

This is a synopsis of key findings from McKinsey Global Institute’s Study: The Age of Analytics, Competing in a Data Driven World. Machine Learning’s potential in improving retail forecasting, predictive analytics, and personalized advertising, demonstrate specific business improvements.

Sure AI is Powerful But Can We Make It Accountable?

  08/22/2017   Dave Irwin   Marketing   No comments

Not being able to explain why a machine is predicting what it is predicting is a big issue for consumer-facing companies that need to be competitive by using machine learning, but need it to be explainable for complying with legislation and general needs to be accountable.

Key Trends in Machine Learning and AI

  08/22/2017   Dave Irwin   Marketing   No comments

If your company isn’t using machine learning to detect anomalies, recommend products or predict churn it will be soon. However, understanding the “why” behind the “what” is another critical component of Artificial Intelligence. Trust and transparency are absolutely critical in a world of ML and AI.

Machine Learning: The New Proving Ground for Competitive Advantage

  08/22/2017   Dave Irwin   Marketing   No comments

The priorities, initiatives and benefits of Machine Learning are reviewed. Early adopters are realizing benefits and gaining competitive advantage in the markets they operate in. 50% of people planning to use machine learning identified a better understanding of customers and prospects as their number one reason.

How Artificial Intelligence Will Invade Retail

  08/22/2017   Dave Irwin   Retail   No comments

The base-line fact: retailers and ecommerce brands have more data available to them than ever before. The data is increasing by exponential factors as more endpoints are created to track consumers and their ever-changing behavior.