Look around you. Look around your circle of friends, acquaintances, and within your family. If you are like me, you may know people that have varying degrees of success — a rich uncle, a friend that’s in incredible shape, or a married couple that is deeply connected and that are…
One of the many hats I wear is that of a data scientist. In my opinion, the most important job of a data scientist is asking questions. More specifically asking the right question or the right hypothesis. …
We live in exciting times. Everywhere we look, we are surrounded by accelerating technological change. Back in the 1980s and 1990s, we considered ourselves lucky when there was one technology wave to hop on. A few of these waves were mainframe technology, relational databases, the advent of the world wide…
This article is about artificial intelligence and machine learning but before with the dive into the nitty-gritty. I would like to tell you a story about my amazing wife Karen. When we got married, we exchanged our vows. The words “ love”, “cherish”, “support” were used. (I think I also…
Amazon recently announced that the certification exam for AWS Machine Learning Specialty is out of beta. I took it this morning at one of the AWS testing sites. Below are my thoughts on how to successfully tackle this new certification.
Amazon provides a study guide on what domains to expect…
The cloud and AI/ML landscape keep on shifting and growing and it’s hard to keep up. There is a constant stream of new products, technologies, and ideas. But when it comes to business and investment books, the change of pace is slower, and many books are a rehash of old…
Random Forests are a powerful algorithm used for both classification (what group does it belong to) and regression (what is its value). It is a supervised algorithm meaning that it must be trained and tested with datasets where both the features (the parameters used to form the predictive model) and…
One of the most useful and profitable applications of machine learning in finance is its application to the age-old problem of fraud. Since the days of the Medici banking family, bad actors have been trying to beat the system and get money for nothing.
One challenge of this business problem…
The laundering of money has now become the leading source of compliance fines for North American and European financial institutions. In 2016, regulators and governmental agencies levied fines in excess of $42 billion. …
A common catchy phrase making the rounds lately is “data is the new oil”. There is a lot of truth in it in many regards. Up until 10 years ago or so, storage costs made it prohibitive to store more than a few years-worth of enterprise and personal data. It…
