The field of Artificial Intelligence powered by Machine Learning and Deep Learning has gone through some phenomenal changes over the last decade. Starting off as just a pure academic and research-oriented domain, we have seen widespread industry adoption across diverse domains including retail, technology, healthcare, science and many more. More than often, the standard toolbox of machine learning, statistical or deep learning models remain the same. New models do come into existence like Capsule Networks, but industry adoption of the same usually takes several years. Hence, in the industry, the main focus of data science or machine learning is more ‘applied’ rather than theoretical and effective application of these models on the right data to solve complex real-world problems is of paramount importance.
A machine learning or deep learning model by itself consists of an algorithm which tries to learn latent patterns and relationships from data without hard-coding fixed rules. Hence, explaining how a model works to the business always poses its own set of challenges. There are some domains in the industry especially in the world of finance like insurance or banking where data scientists often end up having to use more traditional machine learning models (linear or tree-based). The reason being that model interpretability is very important for the business to explain each and every decision being taken by the model.However, this often leads to a sacrifice in performance. This is where complex models like ensembles and neural networks typically give us better and more accurate performance (since true relationships are rarely linear in nature).We, however, end up being unable to have proper interpretations for model decisions.
To address and talk about these gaps, I will take a conceptual yet hands-on approach where we will explore some of these challenges in-depth about explainable artificial intelligence (XAI) and human interpretable machine learning and even showcase with some examples using state-of-the-art model interpretation frameworks in Python!
More details: https://confengine.com/odsc-india-2019/proposal/8839
Conference Link: https://india.odsc.com
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