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Category Archives: Decision Making
Are you a bad decision-maker?
Cassie Kozyrkov, the Head of Decision Intelligence at Google, just published the article with this title. She writes: The objective of this article is to teach you the most fundamental principle in decision analysis: “The quality of a decision should … Continue reading
Posted in Decision Making
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Speeding up decision-making under COVID-19 pressure
This is the title of today’s article by John Poppelaars: “Due to the lack of trustworthy information, hospitals need to make decisions on bed capacity, staffing, medicine and personal protective gear stock levels under high uncertainty. They need to make … Continue reading
Decision Optimization during Covid-19
During this critical period, technology experts are trying to help as all other professionals. Alain Chabrier from IBM provides examples of how Decision Optimization can be used for optimal nurse scheduling in over-constrained hospital situations, transferring of patients between different … Continue reading
AI-Driven Decision Making
This HBR’s article “What AI-Driven Decision Making Looks Like” discusses the evolution of decision-making. Here are the stages: A decision-making model based on human judgement Data-supported decision making A decision-making that utilizes AI A decision-making that combines the power of … Continue reading
Opinion: Traditional Rule Engines Outlived their Usefulness
This LinkedIn article “How Traditional Rules Engines Stifle Innovation” states: “AI and advanced analytics are key to life insurance innovation. While the industry tries to make use of these technologies, the insurance application continues to play a central role in … Continue reading
Challenge Aug-2019: Stateful Decisioning
Nowadays it’s not enough for decision making applications to simply execute a complex rules-based transaction, forget about it, and wait for the next one. They should be able to learn from already executed transactions and evaluate new facts as they … Continue reading
Posted in Business Processes, Business Rules, CEP, Challenges, Decision Making, Events
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After Software Eats The World, What’s Left? “Decisions”
A post with this title has been published by Data Decisioning. It refers to Andreessen Horowitz podcast that asks: Is there anything left after software eats the world? The focus of digitization and automation is on routine work, always in a … Continue reading
Posted in Decision Making, Trends
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Data Science vs. Decision Science
Data Science Central posted this interesting comparison: “Data scientist is a specialist involved in finding insights from data after this data has been collected, processed, and structured by data engineer. Decision scientist considers data as a tool to make decisions … Continue reading
Posted in Data Science, Decision Making
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Similarity in Machine and Human Decision Making
In his new post “Artificial and Human Intelligence” Alain Chabrier from IBM describes decisions the members of his own family make while packing for vacation. In simple terms Alain nicely explains how we use 3 major Decision Management techniques (Rules, … Continue reading
RLDM – Reinforcement Learning and Decision Making Conference
Reinforcement learning and decision making have been the focus of research spanning a wide variety of fields including psychology, artificial intelligence, machine learning, operations research, control theory, animal and human neuroscience, economics, and ethology. Key to many developments in the … Continue reading
Posted in Decision Making, Events, Machine Learning
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