The importance of artificial intelligence (AI) cannot be understated. From a 5% increase in EBIT to the potential to create trillions of dollars in economic value, AI is the technology businesses are rushing to scale – and failing to do so could be catastrophic. But while AI has come a long way, there is one challenge that continues to hold it […]
Machine Learning, Data Governance, and Data Ethics
Data ethics — the collection and use of data in an ethical manner — can be combined with Data Governance and machine learning. Data ethics places a strong emphasis on the behavior of people or organizations as they gather or distribute data. Laws become necessary when some people chose to ignore ethical behavior. At its […]
Data Science: How to Shift Toward More Transparency in Statistical Practice
Data Science and statistics both benefit from transparency, openness to alternative interpretations of data, and acknowledging uncertainty. The adoption of transparency is further supported by important ethical considerations like communalism, universalism, disinterestedness, and organized skepticism. Promoting transparency is possible through seven statistical procedures: Data visualization Quantifying inferential uncertainty Assessment of data preprocessing choices Reporting multiple models Involving […]
AI and Data Strategy: Where Do They Intersect?
Artificial Intelligence (AI) has penetrated nearly every industry because of its ability to improve business outcomes – from employee productivity to decision-making to customer experience. It’s no surprise that organizations large and small are embracing AI. That being said, starting AI without a strong Data Strategy in place can do more harm than good. Data Strategy refers […]
Data Ethics – From Abstract to Action
It’s not surprising businesses are starting to sit up and take note of data ethics. The headlines provide a stark reminder of why it’s important. Whether that’s certain customers paying much higher insurance premiums, AI hiring systems favoring white men, risk assessment tools sending the wrong people to prison, or credit card companies giving lower credit ratings to women. Any organization […]
10 Key Data Mining Challenges in NLP and Their Solutions
Even as we grow in our ability to extract vital information from big data, the scientific community still faces roadblocks that pose major data mining challenges. In this article, we will discuss 10 key issues that we face in modern data mining and their possible solutions. 1. Heterogeneous Data Data can be of low quality, […]
The F-Word That Really Matters
We now exist in a post-privacy world. Our expectations for proper curation and care of personal data have gone out the window during the global pandemic where Big Tech, Big Pharma, and Big Government have repeatedly acted more like Big Brother without significant objection from the public. Internet trolls, deceptive sales practices, and data breaches […]
Angles of AI Ethics
Discussing the rights and wrongs of artificial intelligence (AI) is more urgent than ever before – and more difficult. In the first of a series of articles, I will propose ways to better structure the debate about AI ethics. From online chatbots to automated warehousing and disease diagnosis, AI is at work in more and more areas of everyday […]
CDOs Can Lead Their Organizations in the Successful – and Ethical – Use of Data
Data plays a central role in digital transformation. In fact, it’s been referred to as the currency of modern, digital business. Without data, companies lack a true understanding of their customers, markets, trends, and even their own products and employees. While most organizations likely appreciate the value of their data, many struggle with figuring out […]
Data Ethics: What, Why Now, and Where Do We Start?
Click to learn more about author Peter Jackson. We have to make ethical decisions every day when working with data. The problem is, a lot of the time we might not realize when this is the case. Data professionals and organizations are often so focused on what can be done with data and at what scale, that […]