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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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Our #1 fear: Withering under scrutiny.

6 February 2019By
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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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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Weaponizing KPIs and debiasing decision algorithms.

31 May 2018By
1. Vigilance → Better algorithms “Eliminating bias… requires constant vigilance on the part of not only data scientists but up and down the corporate ranks.” In an insightful Information Week commentary, James Kobielus (@jameskobielus) considers the importance of Debiasing Our Statistical Algorithms Down to Their Roots. “Rest assured that AI, machine learning, and other statistical...
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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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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.

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