Big Data is powerful on its own. So is artificial intelligence. What happens when the two are merged?
Big data is moving to a new stage of maturity — one that promises even greater business impact and industry disruption over the course of the coming decade. As big data initiatives mature, organizations are now combining the agility of big data processes with the scale of artificial intelligence (AI) capabilities to accelerate the delivery of business value.
Big Data and AI at MetLife
Pete Johnson is one of the most experienced executives working in the field of big data and AI within industry today. Having worked in the field of artificial intelligence for a generation dating back to his academic career at Yale University, Johnson now leads big data and AI initiatives as a fellow at MetLife. Johnson previously held positions as senior vice president for Strategic Technology with Mellon Bank and served as the executive vice president and chief technology officer of Cognitive Systems Inc. (CSI), an early artificial intelligence company specializing in natural language processing, expert systems, case-based reasoning, and data mining. CSI was founded by several members of the Yale University faculty in 1981, when Johnson completed his MS in computer science.
Johnson, whom I’ve known for over a decade, is a regular participant in a series of executive thought-leadership breakfasts that I host for senior industry executives to share perspectives on topics in big data, AI, and machine learning among their peers. Participants in the most recent executive breakfasts have included chief data officers, chief analytics officers, chief digital officers, chief technology officers, and heads of big data for firms including AIG, American Express, Blackrock, Charles Schwab, CitiGroup, General Electric (GE), MetLife, TD Ameritrade, VISA, and Wells Fargo, among others.
As a long-suffering expert in the field of artificial intelligence, Johnson observes three critical ways in which big data is now empowering AI:
- Big data technology — We have the ability now to process huge quantities of data that previously required extremely expensive hardware and software, or “commodity parallelism.”
- Availability of large data sets — ICR, transcription, voice and image files, weather data, and logistics data are now available in ways that were never possible in the past; even old “paper sourced” data is coming online.
- Machine learning at scale — “Scaled up” algorithms such as recurrent neural networks and deep learning are powering the breakthrough of AI.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/21st-century-learning-and-teaching/?&tag=AI
https://www.scoop.it/t/21st-century-innovative-technologies-and-developments/?&tag=AI
https://www.scoop.it/t/21st-century-learning-and-teaching/?&tag=machine+learning
https://www.scoop.it/t/21st-century-learning-and-teaching/?&tag=Deep+Learning
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Machine learning can drive tangible business value for a wide range of industries — but only if it is actually put to use. Despite the many machine learning discoveries being made by academics, new research papers showing what is possible, and an increasing amount of data available, companies are struggling to deploy machine learning to solve real business problems. In short, the gap for most companies isn’t that machine learning doesn’t work, but that they struggle to actually use it.
How can companies close this execution gap? In a recent project we illustrated the principles of how to do it. We used machine learning to augment the power of seasoned professionals — in this case, project managers — by allowing them to make data-driven business decisions well in advance. And in doing so, we demonstrated that getting value from machine learning is less about cutting-edge models, and more about making deployment easier.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/21st-century-learning-and-teaching/?&tag=machine+learning