Predictive AI - AI-Tech Park https://ai-techpark.com AI, ML, IoT, Cybersecurity News & Trend Analysis, Interviews Tue, 13 Aug 2024 11:16:42 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.16 https://ai-techpark.com/wp-content/uploads/2017/11/cropped-ai_fav-32x32.png Predictive AI - AI-Tech Park https://ai-techpark.com 32 32 AITech Interview with George London, Chief Technology Officer at Upwave https://ai-techpark.com/aitech-interview-with-george-london-cto-at-upwave/ Tue, 13 Aug 2024 13:30:00 +0000 https://ai-techpark.com/?p=176173 Discover George London’s professional journey and insights on AI-driven strategies in an exclusive AITech interview with the CTO of Upwave. Greetings George, Could you please share with us your professional journey and how you came to your current role as Chief Technology Officer at Upwave? My professional journey has been...

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Discover George London’s professional journey and insights on AI-driven strategies in an exclusive AITech interview with the CTO of Upwave.

Greetings George, Could you please share with us your professional journey and how you came to your current role as Chief Technology Officer at Upwave?

My professional journey has been a bit unconventional. I studied philosophy at Yale, not expecting to go into tech. I ended up working as an investment analyst, doing a lot of data analysis and model building on topics like how government stimulus impacts the economy.

Realizing finance wasn’t my passion, I started a music startup that ultimately didn’t pan out. Nearly 8 years ago, I joined Upwave as a software engineer focused on data. Over time, I became manager of our data team, director of engineering, VP of engineering, and now CTO overseeing all product and technology.

Given the urgency of embracing AI-driven strategies, how has Upwave integrated artificial intelligence into its operations to drive innovation and maintain a competitive edge?

AI is deeply integrated into everything we do at Upwave. We’ve long used what I call “predictive AI” – machine learning techniques that have existed for decades. From the beginning, we built ML and statistical analysis algorithms to optimize ad campaigns.

In the last year and a half, we’ve also embraced the newer “generative AI” exemplified by tools like ChatGPT. Over the past 9 months, we’ve leveraged generative AI to help customers get more value from the brand measurement we provide. Just yesterday, we launched the open beta of our AI Campaign Insights Reports, which use generative AI to synthesize and summarize campaign results into easy-to-understand language, charts, and actionable recommendations. We’re very excited about it.

Revolutionizing brand ROI through marketing measurement is a critical aspect of modern business. Could you provide insights into Upwave’s approach to this and the impact AI-driven marketing analytics have had on enhancing brand performance?

Modern brand campaigns are extremely complex, with vast amounts of money spent across dozens or even hundreds of channels. It’s simply too much for humans to track and optimize manually. That’s where AI shines – at digesting huge datasets to find mathematical optimizations and make concrete recommendations to improve cost-effectiveness and ROI.

Upwave takes a two-pronged AI approach: First, using predictive AI for high-quality measurement and clear analysis of ROI opportunities. Second, leveraging generative AI to communicate those opportunities to customers as clearly and actionably as possible.

We’ve found that customers who lean into this data-driven, AI-powered approach are seeing dramatic performance improvements and ROI increases. The combination of unique data, insightful analysis, and powerful communication enabled by AI is a game-changer.

As the CTO at Upwave, what are your insights into the future of brand analytics, and how do you foresee AI shaping the landscape in the coming years?

I’m a huge believer in the potential of generative AI. It’s easy to assume today’s capabilities are all these systems will ever have, but having worked in AI for over 15 years, I’ve seen firsthand how these tools continuously improve in compounding, accelerating ways. I’m very bullish.

Even if AI never advances further, it will still become widely deployed across brand advertising – analytics, media planning, creative, and so on. But these tools will only get more powerful over time, perhaps dramatically so.

I anticipate AI will substantially augment more and more day-to-day activities in advertising. Organizations that embrace AI, understand how to harness it, and adapt their workflows will become far more productive, efficient, and effective. Those resistant to change will be left behind.

The transformative potential of GenAI is fascinating. How do you anticipate AI advancements surpassing human capabilities and reshaping marketing content creation strategies at Upwave?

As I said, I expect these AI tools to improve dramatically over time, taking on more functions humans currently handle. But I see this more as AI augmenting rather than replacing humans.

Consider how a bulldozer is far more efficient than a human at clearing a construction site, yet you still have a human operating the bulldozer. One human with a bulldozer can now do the work of dozens or hundreds in far less time.

I expect a similar dynamic with AI – it will replace certain aspects of jobs humans do, but humans will still orchestrate the AI to achieve their goals, just far more efficiently. People will be able to produce more and better advertising, then use tools like Upwave to measure performance and continuously optimize in a virtuous cycle.

So while advertising will become much more automated, there will still be an important role for humans in guiding the process.

In your role as Chief Technology Officer, what personal strategies do you employ to stay informed about the latest advancements in AI and technology, ensuring Upwave remains at the forefront of innovation?

I’m rather obsessive about keeping up with AI given how transformative I believe it will be for both tech and advertising.

For me, this means firsthand experience – regularly using tools like ChatGPT, Claude, Anthropic, paying for premium versions, participating in hackathons to build hands-on AI projects. I even recently won the TED AI hackathon with a team.

Secondly, I stay closely involved with Upwave’s AI product development, frequently discussing capabilities and limitations with our engineers and PMs.

To track the cutting edge, for all its issues, I find Twitter an excellent source of direct info from top researchers. I also subscribe to several great newsletters that summarize key AI news.

It takes a multi-pronged approach as the AI field is moving extremely rapidly, but falling behind would be a huge risk.

What advice would you offer to our audience, particularly businesses seeking to integrate AI-driven strategies into their marketing and brand analytics efforts?

Take AI very seriously. It’s going to significantly impact nearly every business. Yes, there are dodgy “AI” products and snake oil salesmen out there, but that doesn’t negate the genuine value being created by real AI capabilities. And these tools are only going to get better over time.

Even if AI can’t perfectly solve your needs today, that may change by next month. Effectively applying AI still takes skill, and initial attempts may not pan out, but that doesn’t mean AI can’t provide huge value with the right approach.

I strongly recommend building real AI expertise, either in yourself or your organization. Understand both the potential of today’s tools and how that will evolve going forward. Your competitors certainly are. Allowing them to gain an AI advantage now risks them leaving you in the dust as that edge compounds.

So be discerning, but don’t dismiss AI. The risk of ignoring it is too great.

With your extensive experience in technology and marketing, what key considerations should companies keep in mind when implementing AI solutions for marketing purposes?

First, be thoughtful about applying AI to problems. Naively throwing AI at an issue without carefully considering the problem space and the model’s constraints can lead to reputational or even legal issues, as these systems can be erratic.

However, you also can’t overcorrect and entirely avoid AI just because it involves some risk. Throughout history, many valuable technologies have been dangerous when misused but extremely beneficial when wielded properly.

Within 5 years, I believe it will be nearly impossible to remain competitive in marketing without heavy AI usage. Building those capabilities now will be key to keeping pace.

Even with today’s AI tools, if applied effectively, there is substantial potential to unlock. Tools like Upwave can help you increase your ROI by 2-3 times, for instance. So there’s already a lot of value to capture from existing tools, and that will only grow.

Can you share a success story or milestone where Upwave has effectively utilized AI-driven strategies to enhance brand ROI or marketing performance?

Absolutely. While I can’t name names, Upwave offers Persuadability Scores which directly measure brand advertising’s impact, similar to tracking clicks or conversions for direct response.

We worked with a major financial services advertiser and DSP to feed in these AI-generated metrics, allowing the DSP to steer ads towards the highest-impact, best-ROI opportunities. The result was material performance improvements for campaigns using these Persuadability Scores. That’s a great example of predictive AI boosting marketing effectiveness.

On the generative AI side, our new AI Campaign Insights Reports provide easily digestible summaries and recommendations that enable customers to align internal stakeholders and optimize in-flight campaigns.

The substantial leverage of generative AI makes it far more time and cost efficient to perform the necessary analysis and communication to understand campaign performance and disseminate those insights to key decision-makers. We’re seeing strong customer uptake and satisfaction so far.

Finally, considering your expertise, what are your reflections on the future of AI in marketing, and any additional insights you’d like to share with our audience?

As I’ve touched on, AI capabilities are going to advance substantially, likely in ways that eventually unsettle people as AIs become able to handle much of the work humans currently do. In certain domains, AIs will simply outperform even the most skilled humans.

This means very significant changes are coming to marketing and advertising, whether we want them or not. These are global technological forces beyond any individual company’s control.

In this sense, an AI tsunami is approaching. We can either learn to surf that wave or get crushed by it, but we can’t stop it.

So it’s crucial for businesses of all kinds to very seriously consider how they’ll navigate the AI-transformed future and hopefully leverage AI as a competitive advantage. Because organizations that fail to appreciate the gravity of this shift are in for an extremely challenging decade ahead.

George London

Chief Technology Officer at Upwave

George is a seasoned technology leader who has spent his whole career helping companies use data to make better decisions. George started his career doing macroeconomic modeling and investment research at Bridgewater Associates (the world’s largest hedge fund), and then founded a startup that used data to help consumers explore and discover music.

As one of Upwave’s first engineering hires, George originally joined Upwave with the mission of building Upwave’s statistical capabilities from scratch. Since then he’s grown with the company to become Head of Data, then Vice President of Engineering, and now CTO. In his years at Upwave, George has both contributed to nearly every aspect of Upwave’s systems and product and has also hired, managed, and coached Upwave’s entire technical team.

George holds a BA in Philosophy from Yale University and lives in Oakland with his wife and labradoodle.

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The Crucial Role of Algorithm Auditors in Algorithm Detection and Mitigation https://ai-techpark.com/the-crucial-role-of-algorithm-auditors-in-detection-and-mitigation/ Thu, 04 Apr 2024 13:00:00 +0000 https://ai-techpark.com/?p=160915 Learn about the important role of algorithm auditors in detecting and mitigating algorithm bias.  Table of Contents Introduction 1. The Role of Algorithm Auditors to Detect Algorithm Bias 2. The Importance of Algorithm Bias Auditing in the Digital Era3. Checklist to Inspect Whether Your Organization Is Algorithm Bias or Not!...

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Learn about the important role of algorithm auditors in detecting and mitigating algorithm bias. 

Table of Contents

Introduction
1. The Role of Algorithm Auditors to Detect Algorithm Bias
2. The Importance of Algorithm Bias Auditing in the Digital Era
3. Checklist to Inspect Whether Your Organization Is Algorithm Bias or Not!
Winding Up

Introduction

With the use of algorithms becoming widespread, the potential for algorithm bias has also impacted numerous decision-making processes, which is a growing concern in the IT sector.

The phenomenon of algorithm bias starts when the algorithms generate results that are systematically and unfairly skewed towards or against certain groups of people. This can have serious consequences, such as race discrimination, gender inequality, and the development of unfair disadvantages or advantages among citizens.

Therefore, to address this concern, the role of algorithm bias auditors has emerged, who are responsible for evaluating algorithms and their outputs to detect any biases that could impact decision-making.

In this exclusive AI TechPark article, we will comprehend the concept of algorithm bias and acknowledge the role of algorithm bias auditors in detecting algorithm bias.

1. The Role of Algorithm Auditors to Detect Algorithm Bias

According to a global survey, it has been witnessed that more than 56% of CIOs face issues related to the black box, algorithm bias, and privacy protection that create an adverse effect on citizens. Looking at these concerns, along with data privacy issues, IT organizations acknowledge the need for the role of an algorithm auditor. 

Algorithm auditors play an essential role in ensuring that algorithms are unbiased and fair; therefore, they have to have a good understanding of ethics and fairness in artificial intelligence (AI) and machine learning (ML), along with practical knowledge of how algorithms can impact the lives of common people. They need to collaborate with developers and data scientists to review algorithms and ensure that they are fair, transparent, and explainable. 

Algorithm auditors also use numerous tools to identify the factors associated with AI and ML algorithms’ results and understand the underlying data that has inherent algorithm bias. They can further execute periodical reviews to determine the fairness of the model after it is deployed in the real world. In addition to recognizing the problems, algorithm auditors also provide recommendations on how to make the model more ethical and explainable by implementing ethical frameworks. 

2. The Importance of Algorithm Bias Auditing in the Digital Era

As IT companies are using AI and ML, people are questioning the extent of human biases that have made their way into AI models. For instance, in the healthcare sector, the underrepresented data of female or minority groups can skew predictive AI algorithms, which can tamper with computer-aided diagnosis (CAD) systems and provide inaccurate diagnoses that can affect their mental and physical health. 

To eliminate the issue of algorithm bias in the digital era, algorithm auditors need to develop a proper technology mix by creating an effective AI and data governance strategy and stressing the key components of modern data architecture and trustworthy AI platforms. 

The policy that is orchestrated through data fabric architecture can be an excellent tool as it can simplify complex AI auditing processes. By incorporating AI algorithm audits into the business process, algorithm auditors and data scientists can understand the areas of requirements while inspecting the data.

3. Checklist to Inspect Whether Your Organization Is Algorithm Bias or Not!

  • Is the data documented in an algorithm detailed? Check the source of this data.
  • Is the dataset free from prejudices? Try to find similarities between the datasets and eliminate the duplicate ones.
  • Does the algorithm’s logic make sense to developers and users?
  • How effectively is the algorithm regulating the data and deriving bias-free results?
  • Do the architects of the algorithm consider cultural unbiasedness as an influential factor while generating the algorithm?

Winding Up

Algorithm bias is a growing concern in this era, as algorithms are gradually becoming more prevalent in making data-driven decisions. Such bias can often lead to significant repercussions that might lead to protests or anger if no action is taken. Therefore, to eliminate such instances, the intervention of algorithm auditors plays an important role in ensuring that algorithms are fair, accurate, and unbiased without hurting people’s sentiments and values. 

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Embracing AI: A Leap of Faith Worth Taking https://ai-techpark.com/embracing-ai-a-leap-of-faith-worth-taking/ Wed, 04 Oct 2023 13:30:00 +0000 https://ai-techpark.com/?p=140347 Embark on a transformative journey with AI. Discover why embracing this technological leap of faith is a bold step toward a brighter future. In the realm of technology, few terms evoke as much excitement and apprehension as Artificial Intelligence (AI). As the CEO of Neurons, a company at the forefront...

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Embark on a transformative journey with AI. Discover why embracing this technological leap of faith is a bold step toward a brighter future.

In the realm of technology, few terms evoke as much excitement and apprehension as Artificial Intelligence (AI). As the CEO of Neurons, a company at the forefront of predicting consumer behavior using neuroscience and AI, I’ve witnessed this dichotomy firsthand.

A meeting with a leader of a large social media channel, a traditionalist in the world of research and insights. The skepticism in the room was palpable as we introduced our AI-driven solutions. The journey from apprehension to understanding to acceptance was not a sprint, but a marathon. But as they say, the longest journey begins with a single step.

The nervousness surrounding AI is understandable. It’s a complex, rapidly evolving field, often shrouded in jargon and misconceptions. Fears range from AI “hallucinating” content to copyright infringement. But beneath this layer of uncertainty lies a world of untapped potential.

AI is not a monolith. It’s a multifaceted tool with diverse applications. Predictive AI, for instance, can forecast market responses to ad campaigns in seconds, not weeks. Suggestive AI recommends improvements based on these predictions. Generative AI, on the other hand, creates new content, often enhanced by predictive AI. Each type has its unique strengths and applications.

The power of AI lies not in its ability to replace human work, but to augment it. It’s not about artificial intelligence replacing human intelligence; it’s about augmented intelligence. Companies that have embraced AI have seen their marketing campaigns become over 20% more effective and have saved more than 20% of their time in creating campaign materials. These are not just numbers; they are a testament to the transformative power of AI.

But how do we move beyond the fear and skepticism? The answer lies in familiarization and education. Just as we’ve adapted to countless technological advancements in the past, we can do the same with AI. The key is to understand that AI is a tool, not a threat. It’s here to enhance our capabilities, not to replace us.

Ethical considerations are paramount in this journey. At Neurons, we focus on predicting markets, not individuals. Our goal is to enable, engage, and empower consumers, not to confuse or trick them. We believe that AI should be used to boost behaviors that are beneficial to the end consumers.

The journey to AI adoption may seem daunting, but it’s a journey worth taking. The benefits far outweigh the challenges. As we continue to demystify AI and foster a culture of understanding and acceptance, we move closer to a future where AI is not a source of fear, but a catalyst for innovation and growth.

So, I invite you to take a leap of faith. Explore how AI can be adopted in your business. Improve your understanding of AI. Experiment with it. The future is not to be feared, but to be shaped. And AI gives us the tools to shape it in ways we’ve only dreamed of.

Visit AITechPark for cutting-edge Tech Trends around AI, ML, Cybersecurity, along with AITech News, and timely updates from industry professionals!

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