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Lessons learned turning machine learning models into real products and services

O'Reilly Media - Data

Why model development does not equal software development. Today, just 15% of enterprises are using machine learning, but double that number already have it on their roadmaps for the upcoming year. So what should an organization keep in mind before implementing a machine learning solution?

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? For instance, an airline can secure itself from bad sales during a low-demand season or before an upcoming departure day by putting tickets on sale.

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The fundamental problem with Silicon Valley’s favorite growth strategy

O'Reilly Media - Ideas

Most monopolies or duopolies develop over time, and have been considered dangerous to competitive markets ; now they are sought after from the start and are the holy grail for investors. How might that market have developed differently? Now we aim to scale up our team to support the entire state in this ambitious program.

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Humans and AI: Why AI Won’t Take Your Job

DataRobot

Another AI could predict which customers could change their minds if the customer retention team took action. Even if it were technically possible, using current technology to replicate human intelligence would take up more than the world’s entire energy budget. AI systems still make simple errors that any human can sport.