Explore a non-technical introduction to artificial intelligence and its practical applications in business through this 21-minute video. Gain insights into the fundamentals of AI, including intelligence in action, models, and machine learning. Learn about credit decisioning as a real-world example. Discover five essential rules of thumb for effectively implementing AI in business: focus on problems rather than technologies, apply AI to repetitive tasks, accept that a "70% solution" can be sufficient, understand that one failure doesn't negate multiple successes, and start with simple, fast, and easy implementations. Conclude with key terms, a recap, and guidance on next steps to further your understanding of AI in business contexts.
Overview
Syllabus
Introduction -
Outline -
What is AI? -
Intelligence in action -
Models -
2 Types of Models -
Machine Learning -
Example: Credit Decisioning -
5 Rules of Thumb for Using AI -
1 Focus on problems, not technologies -
2 Apply to problems you solve repeatedly -
3 "70% Solution" is good enough -
4 1 failure doesn't erase 9 successes -
5 Start simple, fast, and easy -
Key Terms & Recap -
What's next? -
Taught by
Shaw Talebi
