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

While you may never be asked to program a neural network or an unsupervised machine learning algorithm, Citizens of Data Science must have a rough idea of how these algorithms work and what these algorithms are good at doing. Hopefully, the chapter helped to demystify data science and advanced analytics and provided the foundation for everyone to feel comfortable and empowered to participate in these analytics conversations. Finally, there is a dramatic conceptual difference between level-3 and level-4 analytics. The primary goal of level-3 analytics is to help improve, or optimize, human decision-making. However, level-4 analytics introduces an entirely new concept around learning analytics – analytics that can learn and adapt with minimal human intervention. The next chapter will focus on understanding how AI works and the critical role of the AI utility function in guiding the AI model's workings. I will also explain the vital role that you as humans play in defining...