Artificial Intelligence
Artificial Intelligence and machine learning enable the process of identifying patterns and generating predictions about future outcomes. By visualizing predictions and relationships in datasets, artificial intelligence is a sophisticated tool for businesses. Scaling and implementing artificial intelligence for data-driven decision-making can create a competitive advantage, but investing in advanced technologies and algorithms is not enough. The models used in artificial intelligence need to be transparent and auditable, to ensure quality and model dynamics. At Decision Labs, we refer to this as the AI auditing process.
One week ago, on November 30th, OpenAI released it’s latest large language model chat bot, called ChatGPT. As a general chat-bot, this …
Imagine such a scenario: you have a production line that has thousands of milling machines, and you notice that you are losing …
Knowing and understanding your customers is an important key to a company’s success. By understanding patterns of how customers work, how they …
The importance of using artificial intelligence and machine learning to create more advanced analytics and predictive decision support to drive business outcomes …
In the business world, classical financial auditing serves the important purpose of providing an external opinion as to whether financial statements are …
Analyzing data to make informed and insightful business decisions is not a new concept. However, making such decisions is more complex, as …