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Oct 13, 2024 | 
datasciencecentral.com | Bill Schmarzo |J. Rusnak |Edward Nick |Dan Wilson
In my blog titled “Synergy of Generative, Analytical, Causal, and Autonomous AI,” I discussed the four types of Artificial Intelligence (AI) and the importance of understanding when and where to blend these AI variants to create new sources of customer, operational, and societal value. The four types of AI are (Figure 1):Generative AI: Creates new content, ideas, or solutions by learning from existing data and generating original outputs.
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Oct 9, 2024 | 
datasciencecentral.com | J. Rusnak |Zachary Amos |Edward Nick |Dan Wilson
Insurance plays a pivotal role in providing financial security against unforeseen risks and losses. A critical metric for evaluating the financial performance and health of insurance companies is the loss ratio, which measures the ratio of claims paid out to premiums earned. High loss ratios can threaten the profitability and sustainability of insurers.
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Oct 8, 2024 | 
datasciencecentral.com | Edward Nick |Dan Wilson |Bill Schmarzo |Raj Joseph
In order to evaluate large datasets, spot trends, and deliver useful insights, machine learning algorithms, and predictive models are used in data analytics to empower decision-making. AI can expedite the process of making more informed decisions for organizations by automating data analysis and enhancing accuracy. Improved forecasting, strategy optimization, and experience personalization all result in improved business performance.
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Oct 8, 2024 | 
flipboard.com | Edward Nick
Productivity8 hours agoThe Top 6 Excel Formulas Every Office Worker Should Knowmakeuseof.com - Tomisin Olujinmi • 8hIn a fast-paced office environment, time is everything.
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Oct 6, 2024 | 
datasciencecentral.com | Bill Schmarzo |J. Rusnak |Edward Nick |Dan Wilson
One of my career breakthroughs occurred when I was teaching at the University of San Francisco School of Management. I kicked off a research project to determine how to treat data as an asset on a company’s balance sheet. My aha moment occurred when one of my research assistants made the following comment:“Data isn’t like anything else on the balance sheet.
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Sep 18, 2024 | 
datasciencecentral.com | Edward Nick |Manoj Kumar |Raj Joseph |Dan Wilson
The ongoing artificial intelligence boom has introduced cutting-edge machine learning (ML) processes into the world of talent acquisition. In offering unprecedented automation, qualitative data insights, and powerful screening tools, ML has the potential to revolutionize the reach of businesses when discovering the right hires.
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Aug 17, 2024 | 
datasciencecentral.com | Bill Schmarzo |Zachary Amos |David Stephen |Edward Nick
Let’s be honest: The capabilities of Generative AI (GenAI) tools like OpenAI’s ChatGPT, Microsoft Copilot, and Google Gemini are truly amazing. In the right hands, these tools can act as tireless research assistants, continuously learning and adapting as you explore and research new topics or refine your understanding of existing topics. However, significant concerns remain due to a lack of transparency in how these GenAI tools generate their outputs.
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Aug 16, 2024 | 
datasciencecentral.com | Zachary Amos |David Stephen |Edward Nick |Bill Schmarzo
Safety in construction is paramount due to the industry’s high-risk nature. Workers are exposed to heavy machinery, heights, and unpredictable environmental conditions. Ensuring a safe working environment protects lives and enhances productivity and compliance with regulatory standards. AI and computer vision technologies have revolutionized safety monitoring by providing real-time hazard detection, behavior analysis, and equipment monitoring.
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Aug 12, 2024 | 
datasciencecentral.com | David Stephen |Edward Nick |Bill Schmarzo |Alan Morrison
Human intelligence can be summarized as the way a function is used, in this case, memory. Simply, intelligence is defined as the quality of usage, of what is available in memory. Usually, new information shapes decision-making. However, if the new information cannot be relayed to other parts—of memory—the information may not be useful for intelligence. Human intelligence works, conceptually, by the variation of relays, across memory areas.
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Aug 12, 2024 | 
datasciencecentral.com | Pritesh Patel |Edward Nick |Bill Schmarzo |Alan Morrison
If you want to scale your tech revenue, just pushing your products and services is not enough. You need to leverage the right tools — specifically AI (Artificial Intelligence) and LLM (Large Language Model) — to supercharge your growth strategy. These cutting-edge technologies can create new revenue streams for your business. It can help your teams save a lot of time and become more efficient.
