Big Pharma and Biotech are Betting Big on AI to Speed Drug Discovery
Developing new medicines isn’t for the faint of heart. On average, it takes about a decade of research — and an expenditure of $2.6 billion — to shepherd an experimental drug from lab to market. And because of concerns over safety and effectiveness, only about 5 percent of experimental drugs make it to market at all. […]
By Matthew Coffman, High Alpha Given how frequently we hear or talk about machine learning and AI as emerging ways for startups to differentiate themselves, I’ve been working to identify baby steps that would allow startups to identify and create valuable data science projects on their own. I recently attended MLconf 2016, an event bringing together […]
The need for diverse development teams and truly representational data-sets to avoid biases being baked into AI algorithms is one of the core recommendations in a lengthy Lords committee report looking into the economic, ethical and social implications of artificial intelligence, and published today by the upper House of the UK parliament. “The main ways to address […]
Already a leader in the advancement of artificial intelligence, IBM has brought AI technology to developers with open arms. IBM recently launched a series of projects for developers to access open source code and services to build AI and machine learning applications. The vendor wants to democratize these technologies, so they can be easily accessed […]
On the website of online personal shopping service Stitch Fix, the company features a customer review that reads, “I love that my stylist listens to my feedback. The personal note included in my Fix shows how much pride she takes in serving each client.” Stitch Fix’s personal stylist is the best of its kind. Indeed, few stylists […]
Companies are amassing tremendous volumes of data, which they consider their greatest asset, or at least one of their greatest assets. Yet, few business leaders can articulate what their company’s data is worth. Successful data-driven digital natives understand the value of their data and their valuations depend on sound applications of that data. Increasingly venture […]
By Robin Bordoli, CEO, CrowdFlower A few months back, I found myself in one of those big electronics stores that are rapidly becoming extinct. I don’t remember exactly why I was there, but I remember a very specific moment where a woman with a Chinese accent paced up to the cashier, plopped her home voice […]
No professionals are more important to the Industrial Internet of Things (IIoT) than data scientists. Data scientists are charged with taking vast amounts of raw industrial data, creating structure within that data, and ultimately finding valuable meaning. In other words, let’s dump a bunch of dirty data on these data scientists, tell them whatever we […]