From Descriptive to Prescriptive Analytics
The value of AI comes from predictive and prescriptive analytics not from from descriptive analytics or diagnostics.
From Functional Thinking to Machine Learning Engineering
The ways intelligence and knowledge are embedded in organization have shifted from expert system to machine learning.
The traditional way, used to built expert system, is what we call functional thinking where you bring expert in an industry and capture their knowledge. You model it and then use data to validate your model.
Machine Learning Engineering takes a different approach: it starts with the data with the clients and the products in mind