Tag: machine learning

Applications of Machine Learning to the Finance Industry

Background: Being highly data-driven, finance is one of the initial industries that began applying data science methods to optimize functioning. Some of these applications include, optimizing the interest rate gap between the interest charged for loans, and the interest paid for deposits to maximize long-term profitability; or using machine learning to target the marketing of… Read more Applications of Machine Learning to the Finance Industry

Generative Design and the Architecture/Engineering Professional

Can Computers Become the Next Frank Lloyd Wright? Machine Learning and AI have existed in principal since the 1950’s, and pioneered by Arthur Samuel (1901 – 1959) through the programing of computers so that they may learn from past experience. Since Samuel’s early experiences of having computers play and learn from games of checkers, machine… Read more Generative Design and the Architecture/Engineering Professional

Disruptive Potential of IoT in Healthcare

Overview The healthcare industry in the United States is a prime target for disruption due to its enormous size and projections of its continued growth:   The country spent $3.4 trillion on health care in 2016, a number that is projected to grow to $5.5 trillion by 2025. The study, by the Centers for Medicare… Read more Disruptive Potential of IoT in Healthcare

Driving Innovation: Corporations such as IBM have enabled access to their Cognitive Computing and AI algorithms

We all hear about the wonders AI and Cognitive Computing can bring to our lives, but how does this work? Do large corporations take responsibility to develop and research on potential applications? Thankfully, corporations such as IBM are allowing anyone to use their algorithms without publicly exposing the algorithms themselves. This access is provided through… Read more Driving Innovation: Corporations such as IBM have enabled access to their Cognitive Computing and AI algorithms

Data: An expensive necessity for AI and Machine Learning

AI and Machine Learning are two big buzzwords within Information Technology and StartUps.  Since 2002 more then $3.8B have been raised by AI companies [10]. Nonetheless the biggest players are established companies such as Google, Facebook etc.. This might just be temporarily as they have the “benefit” of size and economics, but some argue that… Read more Data: An expensive necessity for AI and Machine Learning

The Era of AI 2.0

AI 2.0 [1] Until now we have mostly been collecting data into large datasets, and less than 10% of all datasets created over the last 10 years has never been even analysed. We are in a paradigm shift, going from collecting data, to actually use the datasets to make behaviour predictions or outcome of the… Read more The Era of AI 2.0

AI: where it's at and where it's headed

Over the past few years, artificial intelligence has been a hot topic surrounded by excitement and uncertainty regarding how the rise of intelligent machines could change our lives. When most people think about AI, they tend to picture a supercomputer capable of performing any given task considerably better and faster than any human could. Having… Read more AI: where it's at and where it's headed

Rise of Social Analytics in the Auto Insurance Industry

Background: Increasingly, companies are starting to find value in social media data, including Twitter, Facebook, Reddit and other social data sources by employing robust filtering techniques and machine learning algorithms to uncover the signal within the noise. Then, they often correlate financial data with social media conversations to add value to their business. This is… Read more Rise of Social Analytics in the Auto Insurance Industry

AI is the new gold rush

AI is the new gold rush The California Gold Rush started on January 24, 1848, when James W. Marshall found gold from Sutter’s Mill in Coloma, California. The news spread and around 300,000 people came to California from around the world in search of gold and new wealth boosting the American economy. [1] More than… Read more AI is the new gold rush

New Challenges With Body Camera Footage

Chris Cruz gave a very insightful lecture into a topic many students, including myself, may be a bit underinformed about: technology use in government. Before this lecture, I assumed the technology used within the government would be extremely outdated and basic, however, Chris gave evidence that points to the opposite. For example, the centralized cloud… Read more New Challenges With Body Camera Footage