The Five AI Basics Every Business Executive Needs To Understand

decision making process, optimization, prioritization
How Optimization Moves Group Decisions Beyond Good and Better
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A Simple Tool to Start Making Decisions with the Help of AI
April 24, 2018

The Five AI Basics Every Business Executive Needs To Understand

Groupthink is a tricky concept. Irving Janis, a social psychologist credited as the first to develop the idea, defined it as a “psychological phenomenon in which people strive for consensus within a group.” At first Janis’ take on groupthink doesn’t seem so bad. After all, isn’t the point of meeting to gather folks together to come to an agreed upon decision about what needs to be done?

Forbes | Wednesday, April 4, 2016

Data comes before AI: Understand the difference between training and inference.

Training an AI model can be likened to a child learning a language. Most children learn language from countless hours of listening to their parents and everyone else around them talk. They consume massive amounts of “data” over time and gradually learn the language. Depending on the time, the inputs, and the child’s effort and aptitude, certain language proficiencies are achieved.

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