decision analysis

Category

Museum of AI entrance
I’ll be at VentureBeat’s Transform AI conference July 10-11 in San Francisco. Let me know if you’re attending; would be great to meet. -Tracy It’s not always easy staying on the AI bandwagon. Claims of algorithmic bias abound and (mis)applications threaten people’s trust. Not everyone wants their face recognized or their driver’s license scanned. Developers...
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What is a fun experience really about? I’ve gained new perspective from Fun, Taste, & Games: An Aesthetics of the Idle, Unproductive, and Otherwise Playful (MIT Press). I have first-hand knowledge that the authors, John Sharp (Parsons/New School) and David Thomas, are in fact, fun: They would probably join you at Casa Bonita*. John and...
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woman-in-beach-with-shark-sign
Since my work is about humans+AI deciding together, I attended DAAG 2019 in beautiful downtown Denver, exploring the “intersection of decision analysis and data science to take decision-making to the next level.” The intent was for decision analysts to better understand data science and “support data-centric decision-making” while data scientists could better “guide the use...
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silver corded microphone in shallow focus photography
Jerry Seinfeld was wrong when he claimed public speaking is our #1 fear. I’m pretty sure we’re more afraid of having our decisions scrutinized. Adding to the fun, now algorithmic decisions are under pressure too. It is rather painful to have decisions second-guessed before the numbers come in, and even worse if things go pear-shaped....
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shopper looking thru department store merchandise
To paraphrase Raymond Chandler, too many projects deliver department store data: The most of everything but the best of nothing. Enterprise AI and analytics developers must avoid the mistake of underserving people by overengineering solutions. Designers and decision makers need straightforward tools to make them better, to save time and facilitate their best work. They...
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As data complexity grows, so does the importance of explaining. The philosophy of science can teach us about the role of explaining in high-quality, evidence-based decisions. It’s not just navel-gazing: An explanation is a statement that makes something clear, or a reason or justification given for an action or belief. It describes “a set of...
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quantamentalist, man holding playing card
Quantamental is an investment strategy combining quantitative and fundamental methods. Data and algorithms have “prompted many traditional fundamentals-centered discretionary funds to integrate data-driven tools in day-to-day decision-making.” MarketWatch says the quantamental merger of computing power and human expertise is investing’s next frontier. Example: Active trading based on a particular blend of conventional balance sheets and...
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data visualization of crime statistics using Tableau
Technology helps us discover meaningful patterns: Buying behavior, criminal activity, health effects. But when we succumb to pretty pictures and mindless measurement, shiny data fails to help answer important questions. Source: Tableau. This data visualization tool would be great for someone seeking crime stats – say, for law enforcement or house buying. But it doesn’t...
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Our founder, Tracy Allison Altman, will talk about cognitive bias and behavioral economics for software design @ Papers We Love – Denver. Tversky and Kahneman’s classic “Judgment under Uncertainty: Heuristics and Biases” challenged conventional thinking about bias in decision making, inspiring new approaches to cognitive science, choice architecture, public policy, and the underlying technology. Join...
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1. Underwriters + algorithms = Best of both worlds. We hear so much about machine automation replacing humans. But several promising applications are designed to supplement complex human knowledge and guide decisions, not replace them: Think primary care physicians, policy makers, or underwriters. Leslie Scism writes in the Wall Street Journal that AIG “pairs its...
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Museum musings.

Pondering the places where people interact with artificial intelligence: Collaboration on evidence-based decision-making, automation of data-driven processes, machine learning, things like that.

Recent Articles

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30 January 2020
Struggling to explain AI? Try this before|after strategy.