Machine Learning & Humans The Missing Link · 2020-06-10 · Humans + Machines Human-assisted machine learning is essential to achieve the full potential in data-driven business decisions.
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Machine Learning &
Humans – The Missing Link
Robert CookeFounder and Chief Technology Officer3Forge
A conversation with:
Moderated by Mike Meriton
Co-Founder & COO, EDM Council
• Joined EDM Council full-time 2015 to lead Industry Engagement
• EDM Council Co-Founder & First Chairman (2005-2007) – Finance Board Chair (2007-2015)
• Former CEO GoldenSource (2002-2014) – an original IBM Global MDM Company
• FinTech Innovation Lab – Executive Mentor (2011 – Present)
Robert Cooke
Founder & CTO, 3Forge
• Founded New York-based 3Forge in 2012
• 3Forge's award-winning AMI platform deployed at three of the world's five largest banks
• Head of infrastructure and post-trade processing at Liquidnet
• Lead Developer for Middle Office at JPMC
• Managed regulatory compliance and electronic trading at Bear Stearns
HUMANS & MACHINE LEARNING: THE MISSING LINK
The Rise Of The Machines
• Machine learning market will expand at a CAGR of 11.5% from 2016 to 2027, equaling $100 billion by 2027. (Source: Forbes)
Computers Are Good At…
• Computing Huge Amounts of Data
• Very Fast Computations
• 100% Accuracy
Humans Are Good At…
• Creativity & Imagination
• Teaching & Learning
• Real-world Pattern Recognition
Humans + Machines
Human-assisted machine learning is essential to achieve the full potential in data-driven business decisions.
o Humans interacting with AI/ML systems could increase revenues by 38 percent by 2022, Accenture Research study
o Companies achieve their most significant performance with humans and machines working together, Harvard Business Review
What Is A Supervised Training Model?
Supervised Training Model Example
What Is An AI Feedback Loop?Putting Humans
in the Loop
AI Feedback Loop Example
Alexa, How many Ounces in
a pound?
SixteenHow was my
answer?
What Is A Confidence
Interval Report?
Confidence Interval Report
Machine Learning Is Actually A Workflow Problem
3Forge Case Study
Personal Finance App
AMI ENHANCES HUMAN-MACHINE LEARNING
Operator Dashboard for Supervised Training
AMI ENHANCESHUMAN-MACHINELEARNING
ML Engineer Dashboard
AMI ENHANCES HUMAN-MACHINE LEARNING
Confidence Report
Traditional Cost of Machine LearningOver 70% of machine learning costs are spent on humans, ad hoc workflows, manual tasks.
Human Capital
Data
Hardware
The Cost of Traditional Machine LearningMachine-learning engineers focus less than 20% of their time on ML.
AMI PlatformApproach
How to Prepare
• Consistent Progress Reporting
• Expect an Evolving Process
• Don’t Expect 100% Accuracy, Think Feedback Loop
Lessons Learned
• Early Successes Can be Misleading
• Starting Without a Plan/Process Leads to Technology Debt
A Final Thought
Isn’t it remarkable that all of the machines devised by humans, not one can replace imagination.
-- Abhijit Naskar, Mission Reality
“
FOR MORE INFORMATION:
Peter Sibirzeff
Head of Sales & Business Development
3Forge
peter.sibirzeff@3forge.com
linkedin.com/company/3forge
Questions?
linkedin.com/company/3forge
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