Book Image

AI & Data Literacy

By : Bill Schmarzo
Book Image

AI & Data Literacy

By: Bill Schmarzo

Overview of this book

AI is undoubtedly a game-changing tool with immense potential to improve human life. This book aims to empower you as a Citizen of Data Science, covering the privacy, ethics, and theoretical concepts you’ll need to exploit to thrive amid the current and future developments in the AI landscape. We'll explore AI's inner workings, user intent, and the critical role of the AI utility function while also briefly touching on statistics and prediction to build decision models that leverage AI and data for highly informed, more accurate, and less risky decisions. Additionally, we'll discuss how organizations of all sizes can leverage AI and data to engineer or create value. We'll establish why economies of learning are more powerful than the economies of scale in a digital-centric world. Ethics and personal/organizational empowerment in the context of AI will also be addressed. Lastly, we'll delve into ChatGPT and the role of Large Language Models (LLMs), preparing you for the growing importance of Generative AI. By the end of the book, you'll have a deeper understanding of AI and how best to leverage it and thrive alongside it.
Table of Contents (14 chapters)
12
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13
Index

Summary

In this chapter, we have seen that with the rise of AI and data, there is a need for AI and data literacy to understand and intelligently discuss the impact of AI and big data on society. The challenges and risks of AI include concerns about surveillance, manipulation, and unintended consequences, which highlight the importance of AI ethics and the need for responsible and ethical AI deployment.This emphasizes the need to train individuals to become Citizens of Data Science in order to thrive in a data-driven world dominated by AI models. We proposed an AI and Data Literacy Framework consisting of six components, including data privacy, AI techniques, informed decision-making, statistics, value engineering, and AI ethics, to provide guidance and education for responsible and ethical engagement with AI and data.We ended the chapter with a homework assignment to measure our current level of AI and data literacy. We will do the homework assignment again at the end of the book to...