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Elder Research is a recognized leader in the science, practice, and technology of advanced analytics. Topics on our blog cover analytics tips, analytical modeling, data and text mining tools, data visualization, analytics best practices, case studies, etc. to provide business leaders with actionable information on real world analytics problems.
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Determining Federal Grant Recipient Fraud RiskElder Research partnered with Excella Consulting to build an end-to-end grant risk estimation solution in the client’s AWS cloud. It used text mining and document classification to extract CPA Findings from audit reports and assign risk scores to federal grant recipients....
Elder Research partnered with Excella Consulting to build an end-to-end grant risk estimation solution in the client’s AWS cloud. It used text mining and document classification to extract CPA Findings from audit reports and assign risk scores to federal grant recipients.
Better NLP Models: OpenAI GPT-2
I’ve been told that, in conversation, I jump in and finish other people’s sentences for them. Now there’s an app for that: GPT-2 released by OpenAI, founded by Elon Musk. GPT-2 is a natural language program that, given a prompt, will write (mostly) intelligible content. OpenAI's stated mission is “to ensure that artificial general intelligence (AGI) … benefits all of humanity.” Natural Language Processing (NLP) includes applications such as text classification, language creation,...
I’ve been told that, in conversation, I jump in and finish other people’s sentences for them. Now there’s an app for that: GPT-2 released by OpenAI, founded by Elon Musk. GPT-2 is a natural language program that, given a prompt, will write (mostly) intelligible content. OpenAI's stated mission is “to ensure that artificial general intelligence (AGI) … benefits all of humanity.” Natural Language Processing (NLP) includes applications such as text classification, language creation, answering questions, language translation, and speech recognition.
Why Machine Learning Is the Coolest Science
The absolutely coolest thing in science and engineering is machine learning, when computers learn from the experience encoded in data. I shall now support that hypothesis.
The absolutely coolest thing in science and engineering is machine learning, when computers learn from the experience encoded in data. I shall now support that hypothesis.
Investment Modeling Grounded In Data Science
Elder Research has solved many challenging and previously unsolved technical problems in a wide variety of fields for Government, Commercial and Investment clients, including fraud prevention, insider threat discovery, image recognition, text mining, and oil and gas discovery. But our team got its start with a hedge fund breakthrough (as described briefly in a couple of books1,2), and has remained active in that work, continuing to invent the underlying science necessary to address what is...
Elder Research has solved many challenging and previously unsolved technical problems in a wide variety of fields for Government, Commercial and Investment clients, including fraud prevention, insider threat discovery, image recognition, text mining, and oil and gas discovery. But our team got its start with a hedge fund breakthrough (as described briefly in a couple of books1,2), and has remained active in that work, continuing to invent the underlying science necessary to address what is likely the hardest problem of all: accurately anticipating the enormous “ensemble model” of the markets.
The Persuasion Paradox – How Computers Optimize their Influence on You
How do computers optimize mass persuasion – for marketing, presidential campaigns, and even healthcare? And why is there actually no data that directly records influence or persuasion, considering it’s so important? And what’s the ideal technique for optimizing your dating life and for getting more people to wash their hands in public restrooms? It’s time for Dr. Data’s persuasion paradox “Groundhog Day”-inspired geeksplanation. Persuasion modeling requires a “deep geek...
How do computers optimize mass persuasion – for marketing, presidential campaigns, and even healthcare? And why is there actually no data that directly records influence or persuasion, considering it’s so important? And what’s the ideal technique for optimizing your dating life and for getting more people to wash their hands in public restrooms? It’s time for Dr. Data’s persuasion paradox “Groundhog Day”-inspired geeksplanation.
Persuasion modeling requires a “deep geek dive” – but it’s as important as it is fascinating.
Note: This article is based on a transcript of The Dr. Data Show episode. View the video here.
Healthcare Analytics: Exploration vs. Confirmation
Perhaps the most active application of analytics and data mining is healthcare. This week we look at one success story, the use of machine learning to predict diabetic retinopathy, one story of disappointment, the use of genetic testing in a puzzling disease, and a basic dichotomy in statistical...
Perhaps the most active application of analytics and data mining is healthcare. This week we look at one success story, the use of machine learning to predict diabetic retinopathy, one story of disappointment, the use of genetic testing in a puzzling disease, and a basic dichotomy in statistical analysis.
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