Although it’s a powerful tool, deep learning is perhaps over-used in modern applications. In this episode of the Utilizing AI podcast, Rich Harang joins Chris Grundemann and Stephen Foskett to discuss the various reasons people use AI, both good and bad. In a November Twitter thread, Rich posited that the following conditions were required to use AI for real: The cost of errors must be extremely low, the decision needs to be possible but expensive, there needs to be the same kind of decision frequently, there needs to be a benefit and be better than a simple rule, you have to not care how it got the answer, the base rate must be close to even, you need a steady stream of data for training, and you must match the size and cost of the model to the application. On the other hand, these same considerations can point us to problem sets that make a great match for DL, and we should focus on using the right tool for the job.

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Date: 1/11/2022 Tags: @RHarang, @SFoskett, @ChrisGrundemann