Despite the hype around #ai, particularly #LLMs and #RAGs, these advanced features haven't significantly impacted decision-making in dynamic and regulated environments.

June 11th, 2024

💢Despite the hype around #ai, particularly #LLMs and #RAGs, these advanced features haven't significantly impacted decision-making in dynamic and regulated environments.

Do you know why? Because #llms #rag and generative #ai are not the right choices of technologies for decision-making in dynamic and regulated environments – no matter what!

So what is?

✨The Decision Intelligence is all about the right choices of #ai algorithms and techniques for decision-making in organizations.

And what is the “Decision” in #DecisionIntelligence?

💫A “decision” is a hierarchical and multi-step model representing a holistic view of business decisions.
– It has all the components and sub-components of the business decisions
– It depicts the relationship between those components and sub-components
– It specifies the required input information
– It enables the implementation and encapsulation of any business logic with different shapes and forms, such as #rules #optimization #machinelearning, and so on for those components and sub-components.

🚀The “Decision” in “Decision Intelligence” is a neuro-symbolic AI model that enables the building of composite AI solutions by combining the best technologies such as #businessrules #machinelearning #optimization #orchstration #data.

What about Intelligence?

⛳Intelligence has multiple layers. It essentially starts with “Knowledge Core” and “Intelligence Core,” and then it can be extended to “Expert Intelligence,” “Cognitive Intelligence,” and “Autonomous Intelligence.” Each layer of intelligence is a prerequisite to the next one, making it so powerful and effective for decision-making in organizations, especially in regulated and dynamic environments such as #banking #insurance #government #financialservices #health #transportation #logistics and so on.

💣If you are a data and analytics leader (#CDAO), a data product leader, or a #DataScientist with a passion for AI in decision-making, the “Decision Intelligence” and “Open Decision Intelligence Platform” are your friends; unfortunately, not #LLMs and #RAG.

Posted here.

Published June 11th, 2024 at 07:30 am


First or last name is too short


First or last name is too short


First or last name is too short

Despite the hype around #ai, particularly #LLMs and #RAGs, these advanced features haven't significantly impacted decision-making in dynamic and regulated environments.

Despite the hype around #ai, particularly #LLMs and #RAGs, these advanced features haven’t significantly impacted decision-making in dynamic and regulated environments.