Tag: artificial intelligence
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The Role of Artificial Intelligence and Human-in-the-Loop in Fraud Detection
Introduction Fraud is an ever-evolving challenge in the digital age, costing businesses billions of dollars annually. As cybercriminals adopt sophisticated methods, traditional fraud detection systems struggle to keep up. This is where Artificial Intelligence (AI) comes into play, providing real-time fraud detection and proactive security measures. However, AI alone is not infallible. With years of…
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The Importance of Human-in-the-Loop (HITL) Annotation in AI Training
AI models are only as good as the data they learn from! constant—data quality matters. While automation is powerful, AI alone is not enough to ensure accurate and unbiased results. This is where Human-in-the-Loop (HITL) annotation comes in. By integrating human expertise with AI, HITL enhances accuracy, minimizes errors, ensuring ethical decision-making. Whether self-driving cars,…
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What is Natural Language Processing and how does it help in conversational chatbots?
Natural Language Processing (NLP) is a subfield of artificial intelligence (AI) that is concerned with computers understanding text and speech and processing it to respond in a way that humans do. It involves training a system with data that the system is designed to process. In fact, even humans process natural language to understand what…
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Leap of Empowerment
The only way to do great work, is to love what you do.-Steve Jobs With the world’s second largest labour force of 516.3 million people, the latest World Bank report states that approximately 350 million people in India, still live below the poverty line. In 2006, Muhammad Yunus; Nobel Peace Prize awardee remarked during his…
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Active Learning – A breather for the squeezed
Missing the cold-war era big time! I can see that data scientists miss the space race of the Cold War big time! At least in the way that an unlimited budget was available to develop new technologies. Alas, today they need to walk a tight rope to produce models with high accuracy that remain within…
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Human Touch to AI : The Ground Truth Challenge
One of the key challenges for a Data Science team is the search for an accurately labelled dataset for solving the given problem. While it is easy to build a basic model that is reasonably accurate for a demo to the business, going beyond it towards a production worthy solution needs gold standard ground truth…
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Human Touch to AI
AI Possibilities Stir a Debate In the history of technology, there are many examples of remarkable breakthroughs that have changed our lives dramatically. Right from the first computer to the arrival of internet and cloud and mobility more recently, the challenges of managing change have stirred up debates and inspired leaders to leverage the opportunities.…