Building Both a Fraud & Not-Fraud Model, Leveraging Time-Series Segmentation, and Top AI News in 2023 So Far

ODSC - Open Data Science
ODSCJournal
Published in
4 min readMar 10, 2023

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Opposites Don’t Always Attract: Building Both a Fraud & Not-Fraud Model

If you ever have modeled fraud, have you considered creating a model to predict fraud as well as a model to predict not-fraud? Let’s explain some more.

Leveraging Time-Series Segmentation and Machine Learning for Better Forecasting Accuracy

An AutoML tool will usually use all the data you have available, develop several models, and then select the best-performing model as a global ‘champion’ to generate forecasts for all time series.

How to Use AI Tools to Optimize Your Supply Chain

How can administrators in supply chains leverage AI to achieve all these benefits while exceeding customer expectations and balancing B2B relationships?

MIT’s New Technique Empowers Machine Learning Models to Address Confidence in Predictions

Researchers at MIT and the MIT-IBM Watson AI Lab have developed a new technique enabling a machine learning model to quantify its confidence.

Six Industries That Can Benefit From Using Large Language Models

Here are six industries that benefit from using large language models and some use cases to give you some inspiration for your own consideration.

How AI Tools Will Supplement and Not Replace Data Scientists

Coders and programmers shouldn’t fear being replaced by AI. In fact, these AI tools can help them do their job even better.

Don’t miss out on the leading data science training conference, featuring 240+ expert-led sessions on essential skills and cutting-edge data science concepts.

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Top Data Science and AI News in 2023 So Far

With more updates regarding ChatGPT to the use of AI in law and legal settings, here’s the biggest AI news from 2023 so far.

FRIDA AI’s Paintings Show How AI is Changing the Art World

FRIDA, or Framework and Robotics Initiative for Developing Arts, is making waves by producing abstract art pieces.

ChatGPT Cheating Scandal Shocks Florida High School

A cheating scandal has erupted at Cape Coral High School involving the use of ChatGPT. It was used for answering questions and completing assignments.

AI Expert Opens Up About The Pitfalls of Creating Human-Like Artificial Intelligence

AI expert Erik Brynjolfsson, Director of Stanford Digital Economy Lab, has warned that this pursuit of human-like AI may be a trap.

New Survey: Call Center Agents Overwhelmingly See Value in AI-Powered Assistive Voice Tech

A new survey from Meaning and Gradient Flow shows that AI can help call center employees with their work, such as through better understanding callers.

Learn More About a Few ODSC East 2023 Instructors and Why They’re the Best

Learn more about a few of our ODSC East 2023 instructors, their backgrounds in education, and why they’re fit for imparting their knowledge.

10 New Sessions Coming to ODSC East 2023

We’re excited to announce some of the incredible and totally new sessions we have coming to ODSC East May 9th — 11th, 2023 in Boston and online. Check out a few of them below.

Video of the Week: Getting Into Data Engineering

In this video, Joe Reis CEO of Ternary Data provides valuable insights on navigating the current economic climate and what it means for aspiring data engineers. Don’t let old market data point you in the wrong direction. Learn the various career entry points that can help you get your foot in the door.

Volunteer for ODSC East 2023

ODSC volunteers are an integral part of the success of each ODSC conference and a perfect extension of our core team and ambassadors to our community! Learn more about how you can volunteer for either the in-person or virtual team and get a free ticket to the event.

Upcoming Webinars:

Classify, split & analyze documents to extract fields and automate document workflows with Azure Form Recognizer

Thu, Mar 16, 2023 12:00 PM — 1:00 PM EDT

In this webinar, you will see some of the latest updates to Form Recognizer: Document classification and splitting; zero-shot field extraction with OpenAI capabilities; updates to model capabilities like extracting barcodes, fonts, formulas, and normalizing keys; and Glean best practices to get the most from Form Recognizer.

Machine Learning Made Simple with Declarative Programming

Tue, Mar 21, 2023 12:00 PM — 1:00 PM EDT

Join this webinar and demo to learn about declarative ML systems, incl. open-source Ludwig from Uber; how to build state-of-the-art machine learning and deep learning models in less than 15 lines of code; and how to rapidly train, iterate, and deploy a multimodal deep learning model with Ludwig and Predibase.

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ODSC - Open Data Science
ODSCJournal

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