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)
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Value Engineering Competency understands how organizations can leverage data (Big Data) and advanced analytics (AI / ML) to create value.

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AI possesses the potential to drive systematic improvements across a broad range of industries and business functions. The number of business and operational use cases around which organizations can apply AI to create new sources of value is almost unbounded, and that’s the problem.Organizations don’t fail because of a lack of use cases; they fail because they have too many.While many universities and organizations are focused on training more data engineers, data scientists, and ML engineers, we need more folks who can drive organizational alignment and consensus on identifying, validating, valuing, and prioritizing the business and operational use cases that deliver meaningful, relevant, ethical outcomes.We need more business professionals who can translate...