It is questionable if with January 1st, 2020 a new decade is starting but it is undoubtedly what are the hottest trends in AI & Data Analytics. Hristo Hadjitchonev, CEO of A4Everyone is sharing his own Top 6 for 2020. Just take a look and do not hesitate to use the comment form if you think he might have missed something interesting.
When Data Scientists Race Some Fast Cars
Elon Musk and his Tesla Model S started it all. The premium electric sedan was equipped with advanced and self-learning Autopilot system, which can take the chauffeuring work out of the driver. It was a complete breakthrough because if it works as good as it should; it is going to change driving forever. It is all because of Artificial Intellect (AI) and the way it works fueled by data sensors and powered by video analytics. And since we have, to be honest, it wasn’t started by Elon Musk but the automotive industry itself. It doesn’t matter if we talk about rain sensing wipers (Cadillac) or adaptive cruise control (Mitsubishi) or lane departure systems (Mercedes-Benz). Such systems work with predefined events with some variables in the input data and one particular, predefined outcome.
Dealing with multivariable analytics models
Nowadays, mankind possesses a tremendous number of data, regarding many real-life phenomena. The availability of such a source of information is the main premise for the wide spread usage of the data-driven modelling. When account for more factors in the model development, this usually leads to a better ability of the model to represent the specifics of investigated system. Naturally, in fields like economics, society, medicine, etc. the models are with many inputs and many outputs (MIMO).