Statistics Key to Building Trust and Preventing Failures in AI Projects
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Many AI models lack a solid basis for predicting results, hurting trust and leading to failures. Statistics provides a foundation for stronger AI.
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Teams often fail to clearly define the business problem being solved or use the right training data, which causes issues when models are deployed.
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Holdout data from the original dataset is not enough to provide a strong basis for inference on future, real-world data.
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Many believe statistics is an old technology no longer needed, but it can help prevent major pitfalls in AI projects.
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Statistics experts on AI teams can help choose the right problem, data, and methods to improve results and adoption of AI models.