Earlier quoted context omitted.
It's absolutely this. "Decision-based evidence-making" is what I've seen it called.
"We make decisions based on data, so let's use mine."
Big data is dead
51–60 of 444 posts
Re: Big data is dead
#52There is literally a post on front page on ChatGPT, and Microsoft and Google are preparing to duke it out starting in the _next 2 days_ over big-data generated 'chat' result. Big data was never going to be useful to even medium size enterprises, unless anyone can get public access to PBs of data, but that doesn't mean big data is dead. ChatGPT is literally changing how school will test their students, for a start. Ma…
>ChatGPT is literally changing how school will test their students, for a start. Sure, instead of schools checking for plagiarism from other students' papers using turnitin.com, they'll check for plagiarism using ChatGPT tools that scan for known output from their industrial-scale amalgamation of plagiarized materials. Big whoop.
Re: Big data is dead
#53Re: Big data is dead
#54Making data the centerpiece of your business business could mean that your effectiveness of business process could increase several order of magnitudes. Funny thing is, you will not use some else’s model, unless you are building a ChatBox to infer, but you will need to build your own model and be trained in your own business process to be successful.
Consider a bank, here is my prediction of expected outcomes:
Enhanced Customer Experience: The system can act as a virtual banking assistant, providing customers with instant access to their account information, real-time transactions, and balance updates. The system can also answer customer inquiries and provide relevant information, improving the overall customer experience. Improved Fraud Detection: The system can monitor the bank's financial transactions in real-time and identify any potential fraud, helping the bank reduce its exposure to financial losses.
Automated Loan Processing: The system can analyze loan applications, credit scores, and other relevant data to approve or reject loan applications in real-time, reducing the time and effort required for manual loan processing. Personalized Marketing: The system can analyze customer behavior, transaction history, and demographic information to provide personalized marketing and cross-selling opportunities, increasing the bank's revenue and customer loyalty.
Real-Time Insights: The system can provide real-time insights into the bank's financial performance, customer behavior, and market trends, enabling the bank to make informed decisions and respond to market changes quickly.
What is interesting to me is, this is just the beginning of what could be…
Re: Big data is dead
#55Big Data got replaced by Big Parameters.
Re: Big data is dead
#56Earlier quoted context omitted.
>ChatGPT is literally changing how school will test their students, for a start. Sure, instead of schools checking for plagiarism from other students' papers using turnitin.com, they'll check for plagiarism using ChatGPT tools that scan for known output from their industrial-scale amalgamation of plagiarized materials. Big whoop.
Is it crazy to think that instead of stepping up in the war against AI we instead try to figure out a way to teach kids assuming they will use AIs?
Re: Big data is dead
#57Re: Big data is dead
#58Earlier quoted context omitted.
>ChatGPT is literally changing how school will test their students, for a start. Sure, instead of schools checking for plagiarism from other students' papers using turnitin.com, they'll check for plagiarism using ChatGPT tools that scan for known output from their industrial-scale amalgamation of plagiarized materials. Big whoop.
Or just require students to use software that keeps track of version history or require spyware installed.
Re: Big data is dead
#59This has been - to varying extends - my own experience working in large organizations that don't have tech as their core business.
Although there are some successful data analysis project, the potential of the collected data remains largely underutilized.
Re: Big data is dead
#60Earlier quoted context omitted.
>ChatGPT is literally changing how school will test their students, for a start. Sure, instead of schools checking for plagiarism from other students' papers using turnitin.com, they'll check for plagiarism using ChatGPT tools that scan for known output from their industrial-scale amalgamation of plagiarized materials. Big whoop.
Is it crazy to think that instead of stepping up in the war against AI we instead try to figure out a way to teach kids assuming they will use AIs?
People are very attached to school being just like it was when they went.