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Event DataFramed 2024-11-04
Rachita Naik – Machine Learning Engineer @ Lyft, Inc. , Adel – host @ DataFramed

Machine learning and AI have become essential tools for delivering real-time solutions across industries. However, as these technologies scale, they bring their own set of challenges—complexity, data drift, latency, and the constant fight between innovation and reliability. How can we deploy models that not only enhance user experiences but also keep up with changing demands? And what does it take to ensure that these solutions are built to adapt, perform, and deliver value at scale? Rachita Naik is a Machine Learning (ML) Engineer at Lyft, Inc., and a recent graduate of Columbia University in New York. With two years of professional experience, Rachita is dedicated to creating impactful software solutions that leverage the power of Artificial Intelligence (AI) to solve real-world problems. At Lyft, Rachita focuses on developing and deploying robust ML models to enhance the ride-hailing industry’s pickup time reliability. She thrives on the challenge of addressing ML use cases at scale in dynamic environments, which has provided her with a deep understanding of practical challenges and the expertise to overcome them. Throughout her academic and professional journey, Rachita has honed a diverse skill set in AI and software engineering and remains eager to learn about new technologies and techniques to improve the quality and effectiveness of her work.  In the episode, Adel and Rachita explore how machine learning is leveraged at Lyft, the primary use-cases of ML in ride-sharing, what goes into an ETA prediction pipeline, the challenges of building large scale ML systems, reinforcement learning for dynamic pricing, key skills for machine learning engineers, future trends across machine learning and generative AI and much more.  Links Mentioned in the Show: Engineering at Lyft on MediumConnect with RachitaResearch Paper—A Better Match for Drivers and Riders: Reinforcement Learning at LyftCareer Track: Machine Learning EngineerRelated Episode: Why ML Projects Fail, and How to Ensure Success with Eric Siegel, Founder of Machine Learning Week, Former Columbia Professor, and Bestselling AuthorSign up to RADAR: Forward Edition New to DataCamp? Learn on the go using the DataCamp mobile appEmpower your business with world-class data and AI skills with DataCamp for business

AI/ML GenAI
Richie – host @ DataCamp , Savin Goyal – Co-Founder & CTO @ Outerbounds

The role of the data scientist is changing. Some organizations are splitting the role into more narrowly focused jobs, while others are broadening it. The latter approach, known as the Full Stack Data Scientist, is derived from the concept of a full stack software engineer, with this role often including software engineering tasks. In particular, one of the key functions of a full stack data scientist is to take machine learning models and get them into production inside software. So, what separates projects from production? Savin Goyal is the Co-Founder & CTO at Outerbounds. In addition to his work at Outerbounds, Savin is the creator of the open source machine learning management platform Metaflow. Previously Savin has worked as a Software Engineer at Netflix and LinkedIn. In the episode, Richie and Savin explore the definition of production in data science, steps to move from internal projects to production, the lifecycle of a machine learning project, success stories in data science, challenges in quality control, Metaflow, scalability and robustness in production, AI and MLOps, advice for organizations and much more.  Links Mentioned in the Show: OuterboundsMetaflowConnect with Savin on Linkedin[Course] Developing Machine Learning Models for ProductionRelated Episode: Why ML Projects Fail, and How to Ensure Success with Eric Siegel, Founder of Machine Learning Week, Former Columbia Professor, and Bestselling AuthorRewatch sessions from RADAR: AI Edition New to DataCamp? Learn on the go using the DataCamp mobile appEmpower your business with world-class data and AI skills with DataCamp for business

AI/ML Data Science MLOps
Michael Albert – Assistant Professor of Business Administration @ UVA's Darden School , Eric Siegel – Founder, Machine Learning Week; Former Professor, Columbia University @ Machine Learning Week; Columbia University , Marc Ruggiano – Director @ University of Virginia’s Collaboratory for Applied Data Science in Business

In his new book, The AI Playbook: Mastering the Rare Art of Machine Learning Deployment, Eric Siegel offers a detailed playbook for how business professionals can launch machine learning projects, providing both success stories where private industry got it right as well as cautionary tales others can learn from.

Siegel laid out the key findings of his book in our latest episode during a wide-ranging conversation with Marc Ruggiano, director of the University of Virginia’s Collaboratory for Applied Data Science in Business, and Michael Albert, an assistant professor of business administration at UVA's Darden School. The discussion, featuring three experts in business analytics, takes an in-depth look at the intersection of artificial intelligence, machine learning, business, and leadership.

http://www.bizML.com

https://www.darden.virginia.edu/faculty-research/centers-initiatives/data-analytics/bodily-professor

https://pubsonline.informs.org/do/10.1287/LYTX.2023.03.10/full/

https://www.kdnuggets.com/survey-machine-learning-projects-still-routinely-fail-to-deploy

CRISPDM: https://en.wikipedia.org/wiki/Cross-industry_standard_process_for_data_mining

CRM: https://en.wikipedia.org/wiki/Customer_relationship_management

AI/ML Analytics CRM Data Science
UVA Data Points
Eric Siegel – Founder, Machine Learning Week; Former Professor, Columbia University @ Machine Learning Week; Columbia University , Adel – host @ DataFramed

We are in a Generative AI hype cycle. Every executive looking at the potential generative AI today is probably thinking about how they can allocate their department's budget to building some AI use cases. However, many of these use cases won't make it into production. In a similar vein, the hype around machine learning in the early 2010s led to lots of hype around the technology, but a lot of the value did not pan out. Four years ago, VentureBeat showed that 87% of data science projects did not make it into production. And in a lot of ways, things haven’t gotten much better. And if we don't learn why that is the case, generative AI could be destined to a similar fate.  Eric Siegel, Ph.D., is a leading consultant and former Columbia University professor who helps companies deploy machine learning. He is the founder of the long-running Machine Learning Week conference series and its new sister, Generative AI World, the instructor of the acclaimed online course “Machine Learning Leadership and Practice – End-to-End Mastery,” executive editor of The Machine Learning Times, and a frequent keynote speaker. He wrote the bestselling Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die, as well as The AI Playbook: Mastering the Rare Art of Machine Learning Deployment. Eric’s interdisciplinary work bridges the stubborn technology/business gap. At Columbia, he won the Distinguished Faculty award when teaching graduate computer science courses in ML and AI. Later, he served as a business school professor at UVA Darden. Eric also publishes op-eds on analytics and social justice. In the episode, Adel and Eric explore the reasons why machine learning projects don't make it into production, the BizML Framework or how to bring business stakeholders into the room when building machine learning use cases, the skill gap between business stakeholders and data practitioners, use cases of organizations have leveraged machine learning for operational improvements, what the previous machine learning hype cycle can teach us about generative AI and a lot more.  Links Mentioned in the Show: The AI Playbook: Mastering the Rare Art of Machine Learning Deployment by Eric SiegelGenerating ROI with AIBizML Cheat SheetGooderSurvey: Machine Learning Projects Still Routinely Fail to Deploy[Skill Track] MLOps Fundamentals

AI/ML Analytics Computer Science Data Science GenAI MLOps
DataFramed
Eric Siegel – author

"Mesmerizing & fascinating..." — The Seattle Post-Intelligencer "The Freakonomics of big data." —Stein Kretsinger, founding executive of Advertising.com Award-winning | Used by over 30 universities | Translated into 9 languages An introduction for everyone. In this rich, fascinating — surprisingly accessible — introduction, leading expert Eric Siegel reveals how predictive analytics works, and how it affects everyone every day. Rather than a “how to” for hands-on techies, the book serves lay readers and experts alike by covering new case studies and the latest state-of-the-art techniques. Prediction is booming. It reinvents industries and runs the world. Companies, governments, law enforcement, hospitals, and universities are seizing upon the power. These institutions predict whether you're going to click, buy, lie, or die. Why? For good reason: predicting human behavior combats risk, boosts sales, fortifies healthcare, streamlines manufacturing, conquers spam, optimizes social networks, toughens crime fighting, and wins elections. How? Prediction is powered by the world's most potent, flourishing unnatural resource: data. Accumulated in large part as the by-product of routine tasks, data is the unsalted, flavorless residue deposited en masse as organizations churn away. Surprise! This heap of refuse is a gold mine. Big data embodies an extraordinary wealth of experience from which to learn. unleashes the power of data. With this technology Predictive Analytics , the computer literally learns from data how to predict the future behavior of individuals. Perfect prediction is not possible, but putting odds on the future drives millions of decisions more effectively, determining whom to call, mail, investigate, incarcerate, set up on a date, or medicate. In this lucid, captivating introduction — now in its Revised and Updated edition — former Columbia University professor and Predictive Analytics World founder Eric Siegel reveals the power and perils of prediction: What type of mortgage risk Chase Bank predicted before the recession. Predicting which people will drop out of school, cancel a subscription, or get divorced before they even know it themselves. Why early retirement predicts a shorter life expectancy and vegetarians miss fewer flights. Five reasons why organizations predict death — including one health insurance company. How U.S. Bank and Obama for America calculated — and Hillary for America 2016 plans to calculate — the way to most strongly persuade each individual. Why the NSA wants all your data: machine learning supercomputers to fight terrorism. How IBM's Watson computer used predictive modeling to answer questions and beat the human champs on TV's Jeopardy! How companies ascertain untold, private truths — how Target figures out you're pregnant and Hewlett-Packard deduces you're about to quit your job. How judges and parole boards rely on crime-predicting computers to decide how long convicts remain in prison. 182 examples from Airbnb, the BBC, Citibank, ConEd, Facebook, Ford, Google, the IRS, LinkedIn, Match.com, MTV, Netflix, PayPal, Pfizer, Spotify, Uber, UPS, Wikipedia, and more. How does predictive analytics work? This jam-packed book satisfies by demystifying the intriguing science under the hood. For future hands-on practitioners pursuing a career in the field, it sets a strong foundation, delivers the prerequisite knowledge, and whets your appetite for more. A truly omnipresent science, predictive analytics constantly affects our daily lives. Whether

data data-science web-analytics google-analytics AI/ML Analytics Big Data IBM
Kaiser Fung – author

How to make simple sense of complex statistics--from the author of Numbers Rule Your World We live in a world of Big Data--and it's getting bigger every day. Virtually every choice we make hinges on how someone generates data . . . and how someone else interprets it--whether we realize it or not. Where do you send your child for the best education? Big Data. Which airline should you choose to ensure a timely arrival? Big Data. Who will you vote for in the next election? Big Data. The problem is, the more data we have, the more difficult it is to interpret it. From world leaders to average citizens, everyone is prone to making critical decisions based on poor data interpretations. In Numbersense, expert statistician Kaiser Fung explains when you should accept the conclusions of the Big Data "experts"--and when you should say, "Wait . . . what?" He delves deeply into a wide range of topics, offering the answers to important questions, such as: How does the college ranking system really work? Can an obesity measure solve America's biggest healthcare crisis? Should you trust current unemployment data issued by the government? How do you improve your fantasy sports team? Should you worry about businesses that track your data? Don't take for granted statements made in the media, by our leaders, or even by your best friend. We're on information overload today, and there's a lot of bad information out there. Numbersense gives you the insight into how Big Data interpretation works--and how it too often doesn't work. You won't come away with the skills of a professional statistician. But you will have a keen understanding of the data traps even the best statisticians can fall into, and you'll trust the mental alarm that goes off in your head when something just doesn't seem to add up. Praise for Numbersense " Numbersense correctly puts the emphasis not on the size of big data, but on the analysis of it. Lots of fun stories, plenty of lessons learned—in short, a great way to acquire your own sense of numbers!" Thomas H. Davenport, coauthor of Competing on Analytics and President’s Distinguished Professor of IT and Management, Babson College "Kaiser’s accessible business book will blow your mind like no other. You’ll be smarter, and you won’t even realize it. Buy. It. Now." Avinash Kaushik, Digital Marketing Evangelist, Google, and author, Web Analytics 2.0 "Each story in Numbersense goes deep into what you have to think about before you trust the numbers. Kaiser Fung ably demonstrates that it takes skill and resourcefulness to make the numbers confess their meaning." John Sall, Executive Vice President, SAS Institute "Kaiser Fung breaks the bad news—a ton more data is no panacea—but then has got your back, revealing the pitfalls of analysis with stimulating stories from the front lines of business, politics, health care, government, and education. The remedy isn’t an advanced degree, nor is it common sense. You need Numbersense." Eric Siegel, founder, Predictive Analytics World, and author, Predictive Analytics "I laughed my way through this superb-useful-fun book and learned and relearned a lot. Highly recommended!" Tom Peters, author of In Search of Excellence

data data-science data-science-tasks statistics stata Analytics Big Data Marketing SAS
Eric Siegel – author

"The Freakonomics of big data." —Stein Kretsinger, founding executive of Advertising.com; former lead analyst at Capital One This book is easily understood by all readers. Rather than a "how to" for hands-on techies, the book entices lay-readers and experts alike by covering new case studies and the latest state-of-the-art techniques. You have been predicted — by companies, governments, law enforcement, hospitals, and universities. Their computers say, "I knew you were going to do that!" These institutions are seizing upon the power to predict whether you're going to click, buy, lie, or die. Why? For good reason: predicting human behavior combats financial risk, fortifies healthcare, conquers spam, toughens crime fighting, and boosts sales. How? Prediction is powered by the world's most potent, booming unnatural resource: data. Accumulated in large part as the by-product of routine tasks, data is the unsalted, flavorless residue deposited en masse as organizations churn away. Surprise! This heap of refuse is a gold mine. Big data embodies an extraordinary wealth of experience from which to learn. Predictive analytics unleashes the power of data. With this technology, the computer literally learns from data how to predict the future behavior of individuals. Perfect prediction is not possible, but putting odds on the future — lifting a bit of the fog off our hazy view of tomorrow — means pay dirt. In this rich, entertaining primer, former Columbia University professor and Predictive Analytics World founder Eric Siegel reveals the power and perils of prediction: What type of mortgage risk Chase Bank predicted before the recession. Predicting which people will drop out of school, cancel a subscription, or get divorced before they are even aware of it themselves. Why early retirement decreases life expectancy and vegetarians miss fewer flights. Five reasons why organizations predict death, including one health insurance company. How U.S. Bank, European wireless carrier Telenor, and Obama's 2012 campaign calculated the way to most strongly influence each individual. How IBM's Watson computer used predictive modeling to answer questions and beat the human champs on TV's Jeopardy! How companies ascertain untold, private truths — how Target figures out you're pregnant and Hewlett-Packard deduces you're about to quit your job. How judges and parole boards rely on crime-predicting computers to decide who stays in prison and who goes free. What's predicted by the BBC, Citibank, ConEd, Facebook, Ford, Google, IBM, the IRS, Match.com, MTV, Netflix, Pandora, PayPal, Pfizer, and Wikipedia. A truly omnipresent science, predictive analytics affects everyone, every day. Although largely unseen, it drives millions of decisions, determining whom to call, mail, investigate, incarcerate, set up on a date, or medicate. Predictive analytics transcends human perception. This book's final chapter answers the riddle: What often happens to you that cannot be witnessed, and that you can't even be sure has happened afterward — but that can be predicted in advance? Whether you are a consumer of it — or consumed by it — get a handle on the power of Predictive Analytics.

data data-science data-science-tasks statistics time-series forecasting Analytics Big Data IBM
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