Friday, October 24, 2025

Aug 5: AI success doesn’t all the time result in enterprise success


 

Aug 5: AI success doesn’t all the time result in enterprise success

This week we have a look at a number of case research the place success on the AI entrance was not enough to guarantee long term enterprise success. Our course highlight is on:

Aug 20 – Sep 17: Introduction to Design of Experiments

Learn to design experiments (particularly pricey ones) in ways in which yield essentially the most info for the least value.

See you in school!

Peter Bruce
Founding father of The Institute for Statistics Training at Statistics.com

What’s occurring within the area of Information Science, Analytics, Statistics?

AI Success, however Not Enterprise Success

Of their ebook Mining your Personal Enterprise, Jeff Deal and Gerhard Pilcher describe what I’ll name “The Case of the Climbing Churn.” A profitable predictive mannequin for figuring out probably churners was deployed for a cell phone service supplier, however the finish consequence was extra, not much less churn. Why? []

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WORD OF THE WEEK – Label Spreading

A typical drawback in machine studying is the “uncommon case” state of affairs, the place the category of curiosity (fraud, buy by an internet customer, dying of a affected person) is uncommon sufficient {that a} knowledge pattern might not have sufficient situations to generate helpful predictions. One technique to take care of this drawback is, in essence, knowledge fabrication: we []

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BOOK REVIEW – Noise

Who would have thought that a complete ebook dedicated to the bias-variance tradeoff would make it to the NY Instances enterprise finest vendor listing? The ebook is []

 

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