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How to Ruin your Business with Data Science and Machine Learning

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- Zoltán Prekopcsák - VP Engineering at RapidMiner -

IVSZ | EuDEco project
Data Economy Conference
Budapest, 2018. 01. 31.

Published in: Data & Analytics
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How to Ruin your Business with Data Science and Machine Learning

  1. 1. Real data science, fast and simple. H ow t o R uin Your B usiness w ith Data Science and Machine Learning Zoltan Prekopcsak VP Engineering January 31, 2018 Data Economy Conference
  2. 2. 2 What is Machine Learning?
  3. 3. 3 What is Data Science?
  4. 4. 4 Analyzing Aliens
  5. 5. 5 What can UFO sightings tell us about extra terrestrials? Data: More than 80,000 UFO sightings documented by the National UFO Reporting Center (NUFORC) Original work by Dan Henebery and Josiah Davis: http://www.questionable-economics.com/what-do-we-know-about-aliens/
  6. 6. 6 Aliens are Fans of the X-Files Total reported UFO sightings per year since 1963 Source: NUFORC & http://www.questionable-economics.com/what-do-we-know-about-aliens/
  7. 7. 7 Aliens Work Hard, Party Hard Proportion of all reported UFO sightings by hour and day Source: NUFORC & http://www.questionable-economics.com/what-do-we-know-about-aliens/
  8. 8. 8 Aliens Love America. And Fireworks. Average reported UFO sightings per week since 2010 Source: NUFORC & http://www.questionable-economics.com/what-do-we-know-about-aliens/
  9. 9. 9 Where will Aliens show up next?
  10. 10. 10 Bias Blind Spot • 85% believe that they are less biased than average • 14% believe that they have an average bias • 1% believe that they are more biased than average
  11. 11. 11 Automated Machine Learning • Future crime predictor became racist • Autonomous chatbots becoming homophobic • Bad press on cognitive AI products
  12. 12. 12 Balance between tools and human experts
  13. 13. rapidminer.com @rapidminer Real data science, fast and simple. RapidMiner Inc. 10 Milk Street 11th Floor Boston, MA 02108 Boston Budapest Dortmund London

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