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Can AI replace your CEO?

15 March 2023By
The Hustle recently asked Should we automate the CEO? And the question isn’t facetious: Instead Zachary Crockett walks us through data showing many CEOs earn ~300X the pay of an average worker, and more than a few run underperforming companies. ” Tasks ripe for automation include reviewing forecasts and sending emails; some experts believe 40%...
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photo of row of townhouses seen through fisheye camera lens

How Human-in-the-Loop AI is Like House Hunters

12 August 2020By
House Hunters International is great guilty-pleasure viewing, especially while nursing a cold or avoiding the plague. (Pro: Insider views of interesting cities. Con: Reminders of the unique pain of choosing a place to live.) It’s easy to add city center, natural light, and extra bedrooms to your wish list, but painful to accept the inevitable...
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coronavirus pandemic curve - johns hopkins

Deciding while distancing: From data viz to the hard decisions.

9 April 2020By
This is an anxious time for anyone in policy / decision analysis. Machine learning, analytics, statistical models, and decision intelligence are helping leaders grapple with the coronavirus pandemic, but weighing alternatives and connecting actions → outcomes requires so many things. Once the modeling is complete and the data visualizations are shared, then what? Newly anointed...
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How fun & games can make us better at deciding.

20 May 2019By
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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quantamentalist, man holding playing card

Are you quantamental? Should you be?

13 November 2018By
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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Building trust in the decision process

Evaluate your decision process separately from your outcomes.

12 August 2018By
How we decide is no less important than the data we use to decide. People are recognizing this and creating innovative ways to blend what, why, and how into decision processes. 1. Apply behavioral science → Less cognitive bias McKinsey experts offer excellent insight into Behavioral science in business: Nudging, debiasing, and managing the irrational...
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boston-dynamics-spot-mini

Machines Gone Wild! + Can Microlearning improve Data Science training?

21 February 2018By
1. Machines Gone Wild → Digital trust gapLast year I spoke with the CEO of a smallish healthcare firm. He had not embraced sophisticated analytics or machine-made decision making, with no comfort level for ‘what information he could believe’. He did, however, trust the CFO’s recommendations. Evidently, these sentiments are widely shared. — Tracy A...
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Papers We Love: Judgment Under Uncertainty / Cognitive Bias

17 January 2018By
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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The lean way to present to decision makers. (This isn’t a TED talk.)

15 October 2017By
There’s plenty of advice about designing presentations. But little of it prepares you for delivering complex evidence to senior-level decision-makers. This should help. How might your evidence help someone understand the steps required to reach an important goal? 1. Put together lean evidence, embracing lean management concepts. As explained by the Lean Enterprise Institute, “The...
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Underwriters + algorithms, avoiding bad choices, and evidence for rare illness.

3 August 2017By
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

muscle car by bing/create
20 June 2023
Stolen cars and AI ‘moral self-correction’
person in silhouette with orange background, pondering AI input for an evidence based decision
9 May 2023
Can you trust AI with your next decision? Part 3 in a series on fact-checking/citation
image generated by bing image creator bottle on apothecary shelf
25 April 2023
How is generative AI referencing sources? Part 2 in our series
reference to Google's Bard AI and Microsoft's Bing AI compared to conflict at Sopranos Bada Bing
28 February 2023
What’s state-of-the-art when an AI cites sources of evidence? Part 1 in our series
finger pointing
19 August 2021
How to blame a robot for mistakes: Do your finger pointing properly.