In our first post about performance measures we talked about Cohen’s kappa. This time I want to talk about two different measures: The Root Mean Squared Error (RMSE) and the Mean Absolute Error (MAE). The RMSE is defined as: It is …
The Decision Maker’s Handbook to Data Science has been a book I am particularly proud of. It is the culmination of years of work in data science, working with decision makers of all sorts, from small to big companies. The …
Finance is one of the industries with the best adoption rates of machine learning and AI methods. This makes perfect sense since companies in finance all share, more or less, these features: They handle large volumes of data. They have …
I was recently reading an interesting report by O’Reilly called The Care and Feeding of Data Scientists. This report discusses various topics, such as how to hire data scientists, how to organise data science teams and how to help data …
Data science and AI: The new wave of HR disruption AI in human resources (HR) is currently one of the hot topics in the artificial intelligence industry, with many investing in AI solutions for HR: from predictive analytics to automation. …
Exploring the Impossibility of Decentralization This article is originally published in Albaron Ventures. Grade school might tell you anything is possible. Complete and total decentralization, however, is not– at least sustainably. The premise that decentralization is impossible hinges on the …
I’ve talked in the past about the different tribes of data scientists. Hiring and managing data scientists is not easy. It is very important to understand that data scientists can come from many different backgrounds, with different skillsets and ways …
Dynamic pricing and the PAO framework Dynamic pricing is one of the most interesting application of data science. Using dynamic pricing you can find out the best price for a product or service by using historical data of past purchases. …
Data science is not always an easy matter. There can be many choices that you have to make, such as: What problem are you trying to solve? Do you have data of appropriate quality? Whom should you hire to do …
I recently had the opportunity to participate in a podcast with the subject of “The Rise of AI for Good”. The podcast was organised by Lucy Neal and the Soda Social Podcast. During the conversation we touched upon many interesting …
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