I have studies and analysed various recommender systems, and their pros and cons. Handy deck if you wish to have an introduction to recommender systems.
I have studies and analysed various recommender systems, and their pros and cons. Handy guide if you wish to have an introduction to recommender systems.
1) The document discusses consumer behavior and why it is important to learn about, specifically looking at why consumers choose certain products over others and the reasons and results of their choices.
2) It examines market share and gaps for different products like phones, soft drinks, and clothing to see how well products are meeting consumer needs and where there is room for new product development.
3) The key aspects of consumer behavior it outlines are what, when, where, why, and how consumers choose as well as the thought, decision, and behavior processes involved to understand how to target customer needs and influence their buying decisions.
This document discusses consumer behavior and related marketing concepts. It defines consumer behavior and explains its scope using examples. It discusses the differences between organizational and individual buying behaviors. It also explains the concepts of learning and its implications for marketing, reference groups and their influence on purchasing behaviors, and culture and subcultures and their relevance for segmenting products like ready-to-eat foods and apparel. Finally, it asks what strategies a marketer of consumer durables would use to address post-purchase feelings of consumers.
The document provides guidance on how to write the perfect blog post reviewing a product. It recommends doing thorough product research, crafting an impressive title and overview, writing an introduction tailored to the audience, describing the product details, answering common reader questions, discussing both pros and cons, comparing similar products, including proof of the product's effectiveness, adding a clear call to action, and concluding by recommending whether to use the product. The goal is to provide all essential information and details to help readers decide whether to purchase the item.
Business plan for startups by Mohit Dubey #TiEinstitute April 27 2013tiemumbai
This deck was presented by Mohit Dubey (Carwale) at the #TiEInstitute session for early stage companies in April 2013.
Follow us on twitter : @tiemumbai
This document discusses building an impersonal recommendation system using big data. It describes different recommendation approaches like collaborative filtering, knowledge-based, and content-based recommendations. An impersonal recommender provides suggestions without user profiles by analyzing customer purchase histories to find related item associations. The document proposes using Apache Hadoop to store and process large datasets for generating association rules to power recommendations. Elasticsearch would store and serve the rules to power an online recommender evaluation and improvement.
Evaluating the customer needs identification process and finding its effects ...istiuq ahmed
Customer Needs Identification is a process to determine what customers want a product to do through gathering raw data from customers via interviews, focus groups, and observation. This data is then interpreted to organize customer needs into independent requirements. The goals are to keep products focused on customer needs and identify both explicit and latent needs. Customer needs identification affects concept selection methods by influencing external decisions, product champions, intuition-based choices, multi-voting, order-based production, prototype evaluation, market demand, standard deviation-based design, and overall company focus on factors like quality, cost and capability.
Recommendation systems provide users with information they may be interested in based on their preferences and interests. They help address the problem of information overload by retrieving desired information for the user based on their preferences or those of similar users. The two main types of recommendation systems are personalized and non-personalized systems. Common techniques used include collaborative filtering, which finds users with similar tastes, and content-based filtering, which recommends items similar to those a user has liked based on item attributes.
I have studies and analysed various recommender systems, and their pros and cons. Handy guide if you wish to have an introduction to recommender systems.
1) The document discusses consumer behavior and why it is important to learn about, specifically looking at why consumers choose certain products over others and the reasons and results of their choices.
2) It examines market share and gaps for different products like phones, soft drinks, and clothing to see how well products are meeting consumer needs and where there is room for new product development.
3) The key aspects of consumer behavior it outlines are what, when, where, why, and how consumers choose as well as the thought, decision, and behavior processes involved to understand how to target customer needs and influence their buying decisions.
This document discusses consumer behavior and related marketing concepts. It defines consumer behavior and explains its scope using examples. It discusses the differences between organizational and individual buying behaviors. It also explains the concepts of learning and its implications for marketing, reference groups and their influence on purchasing behaviors, and culture and subcultures and their relevance for segmenting products like ready-to-eat foods and apparel. Finally, it asks what strategies a marketer of consumer durables would use to address post-purchase feelings of consumers.
The document provides guidance on how to write the perfect blog post reviewing a product. It recommends doing thorough product research, crafting an impressive title and overview, writing an introduction tailored to the audience, describing the product details, answering common reader questions, discussing both pros and cons, comparing similar products, including proof of the product's effectiveness, adding a clear call to action, and concluding by recommending whether to use the product. The goal is to provide all essential information and details to help readers decide whether to purchase the item.
Business plan for startups by Mohit Dubey #TiEinstitute April 27 2013tiemumbai
This deck was presented by Mohit Dubey (Carwale) at the #TiEInstitute session for early stage companies in April 2013.
Follow us on twitter : @tiemumbai
This document discusses building an impersonal recommendation system using big data. It describes different recommendation approaches like collaborative filtering, knowledge-based, and content-based recommendations. An impersonal recommender provides suggestions without user profiles by analyzing customer purchase histories to find related item associations. The document proposes using Apache Hadoop to store and process large datasets for generating association rules to power recommendations. Elasticsearch would store and serve the rules to power an online recommender evaluation and improvement.
Evaluating the customer needs identification process and finding its effects ...istiuq ahmed
Customer Needs Identification is a process to determine what customers want a product to do through gathering raw data from customers via interviews, focus groups, and observation. This data is then interpreted to organize customer needs into independent requirements. The goals are to keep products focused on customer needs and identify both explicit and latent needs. Customer needs identification affects concept selection methods by influencing external decisions, product champions, intuition-based choices, multi-voting, order-based production, prototype evaluation, market demand, standard deviation-based design, and overall company focus on factors like quality, cost and capability.
Recommendation systems provide users with information they may be interested in based on their preferences and interests. They help address the problem of information overload by retrieving desired information for the user based on their preferences or those of similar users. The two main types of recommendation systems are personalized and non-personalized systems. Common techniques used include collaborative filtering, which finds users with similar tastes, and content-based filtering, which recommends items similar to those a user has liked based on item attributes.
Recommendation systems provide users with information they may be interested in based on their preferences and interests. They help address the problem of information overload by retrieving desired information for the user based on their preferences or those of similar users. The two main types of recommendation systems are personalized and non-personalized systems. Common techniques used include collaborative filtering, which finds users with similar tastes, and content-based filtering, which recommends items similar to those a user has liked based on item attributes.
This document outlines a methodology for assessing the potential of a new product in the Australian market in 3-4 weeks. It involves 3 main steps: 1) Understanding market dynamics and opportunities through online interviews; 2) Examining implications for shelf placement through in-store videos; 3) Gathering feedback on the product concept. An optional 4th step involves in-home product trials. The goal is to provide a fast, cost-effective evaluation of a product's opportunity and optimize its launch strategy.
Elements of production planning for goods and servicesAlexander Decker
This document discusses elements of production planning for goods and services. It begins by defining what a product is from a marketing perspective, focusing on customer satisfaction rather than physical components. It then differentiates between goods and services, noting that most products contain both tangible and intangible elements. The document outlines several consumer and business product classes that can help inform marketing strategy planning based on how customers view and purchase different types of products. Key decisions like branding, packaging, and pricing are also discussed.
how do you move from an Idea to developing a product or a service ? what are the steps you need to go through. The template provides you with a step by step process
The document discusses various concepts related to consumer behaviour research. It describes the key concepts of the production concept, product concept, selling concept, and marketing concept in the development of marketing. It also discusses consumer decision making models and different approaches to consumer research including quantitative and qualitative paradigms. Finally, it outlines various research methods for collecting primary data such as surveys, experiments, depth interviews, focus groups, and projective techniques.
Personalized marketing creates individualized messages for consumers by using automated processes and customer-centric recommendation engines. It allows customers to customize products to their specifications. By offering consumers products they already want, businesses are more likely to convert visits to sales. Personalized marketing represents customers by finding them through their behavior and integrated channels, using owned big data and fact-based decisions. Recommender systems seek to predict user preferences and provide recommendations for items similar to a user's profile or items liked by similar users. Content-based filtering uses a user's profile while collaborative filtering matches users with similar tastes. Knowledge-based systems use defined rules or similarity measures to meet user requirements. Hybrid systems combine approaches to solve cold start problems and better adapt to changing
Young marketers elite 2013 assignment 2.1 - tuong_phongJoy Phan
Apple needs to research the market, customers, and competitors before launching a new product. Specifically, Apple should understand the demographics and needs of the target market, customer behaviors and locations, and competitors' strengths and weaknesses. Apple examines the product development process from establishing needs to determining the future of older products. For a new product launch, Apple will research current and potential customers through surveys to understand reactions, barriers to purchase, price expectations, and what is most attractive about the product. The research will help Apple segment the market and successfully launch the new product.
The document discusses creating customer value propositions. It defines a customer value proposition as describing the experiences a target user will have when purchasing and using a product. It should compare the product to the next best alternative for the target user. The customer value proposition identifies: the timeframe of when value will be delivered; the key target user; how the user and alternative are profiled; the value experiences of benefits, trade-offs and parity; how value is quantified; and how the proposition guides product marketing activities. Developing an accurate customer value proposition requires understanding the target user and alternative in detail.
The document provides guidance on product marketing in a Web 2.0 world. It discusses the importance of understanding customer insights, having a clear value proposition, positioning the product against competitors, telling a story about the product through marketing communications, considering the whole customer experience, seeking customer feedback, and adapting business models and communication channels.
This document discusses the seven phases of new product development: 1) New product strategy development, 2) Idea generation, 3) Product screening and evaluation, 4) Business analysis, 5) Product development, 6) Test marketing, and 7) Commercialization. It provides details on each phase, including generating ideas from marketing and research sources, evaluating ideas using checklists, concept testing with potential buyers, analyzing business factors like costs and market potential, developing prototypes, test marketing products, and commercial product launch. The overall process aims to efficiently develop new products that meet market needs and are viable business opportunities.
Recommendations are everywhere : music, movies, books, social medias, e-commerce web sites… The Web is leaving the era of search and entering one of discovery. This quick introduction will help you to understand this vast topic and why you should use it.
recommendation system techunique and issueNutanBhor
This document discusses recommendation system techniques and issues. It covers common recommendation approaches like content-based filtering, collaborative filtering, and hybrid systems. It also addresses challenges like cold start problems, privacy issues, and data sparsity. Recommendation systems analyze user preferences to suggest new items, and are used by applications like ecommerce sites, streaming services, and social networks to provide personalized recommendations. While useful, they also present technical challenges for researchers.
Web personalization involves customizing content for individual users based on their behavior and preferences. There are three main methods of personalization: implicit, which monitors user search history and details; explicit, which allows users to select their interests; and hybrid, which combines implicit and explicit. Personalization aims to provide relevant information to users without requiring explicit requests, using content-based filtering of user profiles or social/collaborative filtering based on interests of similar users. Combining social and content-based filtering with an item ontology can improve recommendations for sparse user data.
This document summarizes a presentation given to the Knoxville HubSpot User Group (HUG) about mapping content to the buyer's journey. The presentation defines the three stages of the buyer's journey - awareness, consideration, and decision. It provides a methodology for mapping different types of content like eBooks and case studies to each stage based on user behavior and keywords. An example is given of a potential customer named Violet who needs help deciding between landscapers. The presentation recommends providing her with a targeted email and landing page in the decision stage to help validate her choice. It stresses the importance of meeting customers with the right content at each point in their journey.
The document provides information on product mix, product line, product life cycle, branding, and marketing strategies at different stages of the product life cycle. It defines a product mix as the set of all product lines and items offered by a seller. A product line refers to a unique product category or brand offered that are closely related. The four stages of a product's life cycle are introduction, growth, maturity, and decline. Marketing strategies vary at each stage, from promotion to raise awareness in introduction to price cuts in decline. Branding helps create consumer preference and loyalty for a product.
case based recommendation approach for market basket datamniranjanmurthy
Recommender systems have become an important part of various applications in e-commerce, supporting both customers and providers in their decision-making processes. However, these systems still must overcome limitations that reduce their performance, like recommendations overspecialization, less popular item providing, and difficulties when items with unequal probability distribution appear or recommendations for sets of items are asked. A novel approach, addressing the above issues through a case-based recommendation methodology is presented here. The scope of the presented approach is to generate meaningful recommendations based on items' co-occurring patterns and to provide more insight into customers' buying habits. In contrast to current recommendation techniques that recommend items based on users' ratings or history, and to most case-based item recommenders that evaluate items' similarities, the implemented recommender uses a hierarchical model for the items and searches for similar sets of items, in order to recommend those that are most likely to satisfy a user.
The following table shows data from a fictional cohort study of in.docxarnoldmeredith47041
The following table shows data from a fictional cohort study of industrial workers followed over 30 years to see if exposure to industrial organic solvent affects cognitive function adversely. Use the information below for the following question.
Organic Solvent Exposure
Number of Participants
Impaired Function
Yes
28654
818
No
71346
649
Total
100000
1467
Calculate and interpret the risk of impaired function in participants exposed to organic solvents and those who were not.
1
COM5111
Product Policy
Week 5 SemB 2019-20
2
Learning Objectives
1. What are the characteristics of products, and how do marketers classify product?
2. How can companies differentiate products?
3. Why is product design important, and what are the different approaches taken?
4. How can a company build and manage its product mix and product lines?
5. How can marketers best manage luxury brands?
6. What environmental issues must marketers consider in their product strategies?
7. How can companies combine products to create strong co-brands or ingredient
brands?
8. How can companies use packaging, labeling, warranties, and guarantees as
marketing tools?
3
Components Of The Market Offering
Marketing planning begins with formulating an offering to meet target customers’ needs or wants
customer will judge the offering
on three basic elements
Slide 15 & 16 Slide 17
4
Product Characteristics
and Classifications
• Product
– Anything that can be offered to a market to satisfy a want or need,
including physical goods, services, experiences, events, persons,
places, properties, organizations, information, and ideas
https://www.youtube.com/watch?v=xYjoBAUOjTk
5
Characteristics of Winning Products
A unique superior product—
a differentiated product that delivers unique benefits and a
compelling value proposition to the customer or user—
is the number one driver of new-product profitability
Source: Robert G. Cooper, Winning at New Products: Creating Value through Innovation (New York: Basic Books, 2011), p. 32.
How about your individual assignment?
6
Unique and superior products tend to have the followings in
common
1. are superior to competitors’ products in terms of meeting users’ needs
2. solve a problem the customer has with a competitive product
3. feature good value for the money and excellent price and performance
characteristics
4. provide excellent product quality, according to customers’ way of defining quality
5. offer features easily perceived as useful by the customer
6. offer benefits that are highly visible to the customer
Source: Robert G. Cooper, Winning at New Products: Creating Value through Innovation (New York: Basic Books, 2011), p. 33.
7
Product Levels: The Customer-Value Hierarchy
• The Five Product Levels
The service or benefit
the customer
is really buying
e.g. rest & sleep
The marketer must
turn the core benefit
into a basic product
e.g. bed, bathroom …
A set of attributes
and c.
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Data and AI
Round table discussion of vector databases, unstructured data, ai, big data, real-time, robots and Milvus.
A lively discussion with NJ Gen AI Meetup Lead, Prasad and Procure.FYI's Co-Found
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Data and AI
Discussion on Vector Databases, Unstructured Data and AI
https://www.meetup.com/unstructured-data-meetup-new-york/
This meetup is for people working in unstructured data. Speakers will come present about related topics such as vector databases, LLMs, and managing data at scale. The intended audience of this group includes roles like machine learning engineers, data scientists, data engineers, software engineers, and PMs.This meetup was formerly Milvus Meetup, and is sponsored by Zilliz maintainers of Milvus.
Recommendation systems provide users with information they may be interested in based on their preferences and interests. They help address the problem of information overload by retrieving desired information for the user based on their preferences or those of similar users. The two main types of recommendation systems are personalized and non-personalized systems. Common techniques used include collaborative filtering, which finds users with similar tastes, and content-based filtering, which recommends items similar to those a user has liked based on item attributes.
This document outlines a methodology for assessing the potential of a new product in the Australian market in 3-4 weeks. It involves 3 main steps: 1) Understanding market dynamics and opportunities through online interviews; 2) Examining implications for shelf placement through in-store videos; 3) Gathering feedback on the product concept. An optional 4th step involves in-home product trials. The goal is to provide a fast, cost-effective evaluation of a product's opportunity and optimize its launch strategy.
Elements of production planning for goods and servicesAlexander Decker
This document discusses elements of production planning for goods and services. It begins by defining what a product is from a marketing perspective, focusing on customer satisfaction rather than physical components. It then differentiates between goods and services, noting that most products contain both tangible and intangible elements. The document outlines several consumer and business product classes that can help inform marketing strategy planning based on how customers view and purchase different types of products. Key decisions like branding, packaging, and pricing are also discussed.
how do you move from an Idea to developing a product or a service ? what are the steps you need to go through. The template provides you with a step by step process
The document discusses various concepts related to consumer behaviour research. It describes the key concepts of the production concept, product concept, selling concept, and marketing concept in the development of marketing. It also discusses consumer decision making models and different approaches to consumer research including quantitative and qualitative paradigms. Finally, it outlines various research methods for collecting primary data such as surveys, experiments, depth interviews, focus groups, and projective techniques.
Personalized marketing creates individualized messages for consumers by using automated processes and customer-centric recommendation engines. It allows customers to customize products to their specifications. By offering consumers products they already want, businesses are more likely to convert visits to sales. Personalized marketing represents customers by finding them through their behavior and integrated channels, using owned big data and fact-based decisions. Recommender systems seek to predict user preferences and provide recommendations for items similar to a user's profile or items liked by similar users. Content-based filtering uses a user's profile while collaborative filtering matches users with similar tastes. Knowledge-based systems use defined rules or similarity measures to meet user requirements. Hybrid systems combine approaches to solve cold start problems and better adapt to changing
Young marketers elite 2013 assignment 2.1 - tuong_phongJoy Phan
Apple needs to research the market, customers, and competitors before launching a new product. Specifically, Apple should understand the demographics and needs of the target market, customer behaviors and locations, and competitors' strengths and weaknesses. Apple examines the product development process from establishing needs to determining the future of older products. For a new product launch, Apple will research current and potential customers through surveys to understand reactions, barriers to purchase, price expectations, and what is most attractive about the product. The research will help Apple segment the market and successfully launch the new product.
The document discusses creating customer value propositions. It defines a customer value proposition as describing the experiences a target user will have when purchasing and using a product. It should compare the product to the next best alternative for the target user. The customer value proposition identifies: the timeframe of when value will be delivered; the key target user; how the user and alternative are profiled; the value experiences of benefits, trade-offs and parity; how value is quantified; and how the proposition guides product marketing activities. Developing an accurate customer value proposition requires understanding the target user and alternative in detail.
The document provides guidance on product marketing in a Web 2.0 world. It discusses the importance of understanding customer insights, having a clear value proposition, positioning the product against competitors, telling a story about the product through marketing communications, considering the whole customer experience, seeking customer feedback, and adapting business models and communication channels.
This document discusses the seven phases of new product development: 1) New product strategy development, 2) Idea generation, 3) Product screening and evaluation, 4) Business analysis, 5) Product development, 6) Test marketing, and 7) Commercialization. It provides details on each phase, including generating ideas from marketing and research sources, evaluating ideas using checklists, concept testing with potential buyers, analyzing business factors like costs and market potential, developing prototypes, test marketing products, and commercial product launch. The overall process aims to efficiently develop new products that meet market needs and are viable business opportunities.
Recommendations are everywhere : music, movies, books, social medias, e-commerce web sites… The Web is leaving the era of search and entering one of discovery. This quick introduction will help you to understand this vast topic and why you should use it.
recommendation system techunique and issueNutanBhor
This document discusses recommendation system techniques and issues. It covers common recommendation approaches like content-based filtering, collaborative filtering, and hybrid systems. It also addresses challenges like cold start problems, privacy issues, and data sparsity. Recommendation systems analyze user preferences to suggest new items, and are used by applications like ecommerce sites, streaming services, and social networks to provide personalized recommendations. While useful, they also present technical challenges for researchers.
Web personalization involves customizing content for individual users based on their behavior and preferences. There are three main methods of personalization: implicit, which monitors user search history and details; explicit, which allows users to select their interests; and hybrid, which combines implicit and explicit. Personalization aims to provide relevant information to users without requiring explicit requests, using content-based filtering of user profiles or social/collaborative filtering based on interests of similar users. Combining social and content-based filtering with an item ontology can improve recommendations for sparse user data.
This document summarizes a presentation given to the Knoxville HubSpot User Group (HUG) about mapping content to the buyer's journey. The presentation defines the three stages of the buyer's journey - awareness, consideration, and decision. It provides a methodology for mapping different types of content like eBooks and case studies to each stage based on user behavior and keywords. An example is given of a potential customer named Violet who needs help deciding between landscapers. The presentation recommends providing her with a targeted email and landing page in the decision stage to help validate her choice. It stresses the importance of meeting customers with the right content at each point in their journey.
The document provides information on product mix, product line, product life cycle, branding, and marketing strategies at different stages of the product life cycle. It defines a product mix as the set of all product lines and items offered by a seller. A product line refers to a unique product category or brand offered that are closely related. The four stages of a product's life cycle are introduction, growth, maturity, and decline. Marketing strategies vary at each stage, from promotion to raise awareness in introduction to price cuts in decline. Branding helps create consumer preference and loyalty for a product.
case based recommendation approach for market basket datamniranjanmurthy
Recommender systems have become an important part of various applications in e-commerce, supporting both customers and providers in their decision-making processes. However, these systems still must overcome limitations that reduce their performance, like recommendations overspecialization, less popular item providing, and difficulties when items with unequal probability distribution appear or recommendations for sets of items are asked. A novel approach, addressing the above issues through a case-based recommendation methodology is presented here. The scope of the presented approach is to generate meaningful recommendations based on items' co-occurring patterns and to provide more insight into customers' buying habits. In contrast to current recommendation techniques that recommend items based on users' ratings or history, and to most case-based item recommenders that evaluate items' similarities, the implemented recommender uses a hierarchical model for the items and searches for similar sets of items, in order to recommend those that are most likely to satisfy a user.
The following table shows data from a fictional cohort study of in.docxarnoldmeredith47041
The following table shows data from a fictional cohort study of industrial workers followed over 30 years to see if exposure to industrial organic solvent affects cognitive function adversely. Use the information below for the following question.
Organic Solvent Exposure
Number of Participants
Impaired Function
Yes
28654
818
No
71346
649
Total
100000
1467
Calculate and interpret the risk of impaired function in participants exposed to organic solvents and those who were not.
1
COM5111
Product Policy
Week 5 SemB 2019-20
2
Learning Objectives
1. What are the characteristics of products, and how do marketers classify product?
2. How can companies differentiate products?
3. Why is product design important, and what are the different approaches taken?
4. How can a company build and manage its product mix and product lines?
5. How can marketers best manage luxury brands?
6. What environmental issues must marketers consider in their product strategies?
7. How can companies combine products to create strong co-brands or ingredient
brands?
8. How can companies use packaging, labeling, warranties, and guarantees as
marketing tools?
3
Components Of The Market Offering
Marketing planning begins with formulating an offering to meet target customers’ needs or wants
customer will judge the offering
on three basic elements
Slide 15 & 16 Slide 17
4
Product Characteristics
and Classifications
• Product
– Anything that can be offered to a market to satisfy a want or need,
including physical goods, services, experiences, events, persons,
places, properties, organizations, information, and ideas
https://www.youtube.com/watch?v=xYjoBAUOjTk
5
Characteristics of Winning Products
A unique superior product—
a differentiated product that delivers unique benefits and a
compelling value proposition to the customer or user—
is the number one driver of new-product profitability
Source: Robert G. Cooper, Winning at New Products: Creating Value through Innovation (New York: Basic Books, 2011), p. 32.
How about your individual assignment?
6
Unique and superior products tend to have the followings in
common
1. are superior to competitors’ products in terms of meeting users’ needs
2. solve a problem the customer has with a competitive product
3. feature good value for the money and excellent price and performance
characteristics
4. provide excellent product quality, according to customers’ way of defining quality
5. offer features easily perceived as useful by the customer
6. offer benefits that are highly visible to the customer
Source: Robert G. Cooper, Winning at New Products: Creating Value through Innovation (New York: Basic Books, 2011), p. 33.
7
Product Levels: The Customer-Value Hierarchy
• The Five Product Levels
The service or benefit
the customer
is really buying
e.g. rest & sleep
The marketer must
turn the core benefit
into a basic product
e.g. bed, bathroom …
A set of attributes
and c.
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Data and AI
Round table discussion of vector databases, unstructured data, ai, big data, real-time, robots and Milvus.
A lively discussion with NJ Gen AI Meetup Lead, Prasad and Procure.FYI's Co-Found
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Data and AI
Discussion on Vector Databases, Unstructured Data and AI
https://www.meetup.com/unstructured-data-meetup-new-york/
This meetup is for people working in unstructured data. Speakers will come present about related topics such as vector databases, LLMs, and managing data at scale. The intended audience of this group includes roles like machine learning engineers, data scientists, data engineers, software engineers, and PMs.This meetup was formerly Milvus Meetup, and is sponsored by Zilliz maintainers of Milvus.
The Ipsos - AI - Monitor 2024 Report.pdfSocial Samosa
According to Ipsos AI Monitor's 2024 report, 65% Indians said that products and services using AI have profoundly changed their daily life in the past 3-5 years.
ViewShift: Hassle-free Dynamic Policy Enforcement for Every Data LakeWalaa Eldin Moustafa
Dynamic policy enforcement is becoming an increasingly important topic in today’s world where data privacy and compliance is a top priority for companies, individuals, and regulators alike. In these slides, we discuss how LinkedIn implements a powerful dynamic policy enforcement engine, called ViewShift, and integrates it within its data lake. We show the query engine architecture and how catalog implementations can automatically route table resolutions to compliance-enforcing SQL views. Such views have a set of very interesting properties: (1) They are auto-generated from declarative data annotations. (2) They respect user-level consent and preferences (3) They are context-aware, encoding a different set of transformations for different use cases (4) They are portable; while the SQL logic is only implemented in one SQL dialect, it is accessible in all engines.
#SQL #Views #Privacy #Compliance #DataLake
Global Situational Awareness of A.I. and where its headedvikram sood
You can see the future first in San Francisco.
Over the past year, the talk of the town has shifted from $10 billion compute clusters to $100 billion clusters to trillion-dollar clusters. Every six months another zero is added to the boardroom plans. Behind the scenes, there’s a fierce scramble to secure every power contract still available for the rest of the decade, every voltage transformer that can possibly be procured. American big business is gearing up to pour trillions of dollars into a long-unseen mobilization of American industrial might. By the end of the decade, American electricity production will have grown tens of percent; from the shale fields of Pennsylvania to the solar farms of Nevada, hundreds of millions of GPUs will hum.
The AGI race has begun. We are building machines that can think and reason. By 2025/26, these machines will outpace college graduates. By the end of the decade, they will be smarter than you or I; we will have superintelligence, in the true sense of the word. Along the way, national security forces not seen in half a century will be un-leashed, and before long, The Project will be on. If we’re lucky, we’ll be in an all-out race with the CCP; if we’re unlucky, an all-out war.
Everyone is now talking about AI, but few have the faintest glimmer of what is about to hit them. Nvidia analysts still think 2024 might be close to the peak. Mainstream pundits are stuck on the wilful blindness of “it’s just predicting the next word”. They see only hype and business-as-usual; at most they entertain another internet-scale technological change.
Before long, the world will wake up. But right now, there are perhaps a few hundred people, most of them in San Francisco and the AI labs, that have situational awareness. Through whatever peculiar forces of fate, I have found myself amongst them. A few years ago, these people were derided as crazy—but they trusted the trendlines, which allowed them to correctly predict the AI advances of the past few years. Whether these people are also right about the next few years remains to be seen. But these are very smart people—the smartest people I have ever met—and they are the ones building this technology. Perhaps they will be an odd footnote in history, or perhaps they will go down in history like Szilard and Oppenheimer and Teller. If they are seeing the future even close to correctly, we are in for a wild ride.
Let me tell you what we see.
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...Social Samosa
The Modern Marketing Reckoner (MMR) is a comprehensive resource packed with POVs from 60+ industry leaders on how AI is transforming the 4 key pillars of marketing – product, place, price and promotions.
The Building Blocks of QuestDB, a Time Series Databasejavier ramirez
Talk Delivered at Valencia Codes Meetup 2024-06.
Traditionally, databases have treated timestamps just as another data type. However, when performing real-time analytics, timestamps should be first class citizens and we need rich time semantics to get the most out of our data. We also need to deal with ever growing datasets while keeping performant, which is as fun as it sounds.
It is no wonder time-series databases are now more popular than ever before. Join me in this session to learn about the internal architecture and building blocks of QuestDB, an open source time-series database designed for speed. We will also review a history of some of the changes we have gone over the past two years to deal with late and unordered data, non-blocking writes, read-replicas, or faster batch ingestion.
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...Aggregage
This webinar will explore cutting-edge, less familiar but powerful experimentation methodologies which address well-known limitations of standard A/B Testing. Designed for data and product leaders, this session aims to inspire the embrace of innovative approaches and provide insights into the frontiers of experimentation!
Codeless Generative AI Pipelines
(GenAI with Milvus)
https://ml.dssconf.pl/user.html#!/lecture/DSSML24-041a/rate
Discover the potential of real-time streaming in the context of GenAI as we delve into the intricacies of Apache NiFi and its capabilities. Learn how this tool can significantly simplify the data engineering workflow for GenAI applications, allowing you to focus on the creative aspects rather than the technical complexities. I will guide you through practical examples and use cases, showing the impact of automation on prompt building. From data ingestion to transformation and delivery, witness how Apache NiFi streamlines the entire pipeline, ensuring a smooth and hassle-free experience.
Timothy Spann
https://www.youtube.com/@FLaNK-Stack
https://medium.com/@tspann
https://www.datainmotion.dev/
milvus, unstructured data, vector database, zilliz, cloud, vectors, python, deep learning, generative ai, genai, nifi, kafka, flink, streaming, iot, edge
State of Artificial intelligence Report 2023kuntobimo2016
Artificial intelligence (AI) is a multidisciplinary field of science and engineering whose goal is to create intelligent machines.
We believe that AI will be a force multiplier on technological progress in our increasingly digital, data-driven world. This is because everything around us today, ranging from culture to consumer products, is a product of intelligence.
The State of AI Report is now in its sixth year. Consider this report as a compilation of the most interesting things we’ve seen with a goal of triggering an informed conversation about the state of AI and its implication for the future.
We consider the following key dimensions in our report:
Research: Technology breakthroughs and their capabilities.
Industry: Areas of commercial application for AI and its business impact.
Politics: Regulation of AI, its economic implications and the evolving geopolitics of AI.
Safety: Identifying and mitigating catastrophic risks that highly-capable future AI systems could pose to us.
Predictions: What we believe will happen in the next 12 months and a 2022 performance review to keep us honest.
2. What is the Purpose?
1. Substitutes: Does your visitor know what he wants to buy but can’t find it? Are there suitable
substitute products you could present?
2. Complements: Your visitor knows what he wants to buy and has it in his basket. Are there
complementary add-on products you should be presenting to increase his satisfaction and your
sales?
3. Ideas: Your customer is browsing for new items in which he might be interested. What are the
products that he’s most likely to purchase?
4. Sequence: Frequently the order in which multiple recommendations are presented is important in
maximizing satisfaction. This is called order of consumption. What is the right order of
consumption for your items? Order also encompasses emphasis. If you are presenting pictures of
10 alternate shirts or shoes, which should be given prominence on the page?
3. What is the Environment?
1. Movies, books, and music – huge rapidly changing inventories for immediate
consumption.
2. Electronics or hardware - large but more stable inventories with very large
subcategories of complimentary and supplementary choices and many different
buyer objectives and motives.
3. Women’s clothing – large fast changing inventories with far fewer attributes for
making objective or hard comparisons but a very large number of sub-attributes like
color and size.
4. 5 Types of Recommenders (in order of increasing complexity)
1. Most Popular Item
2. Association and Market Basket Models
3. Content Filtering
4. Collaborative Filtering
5. Hybrid Models
5. 1. Most Popular Item
● Simply offer what is most popular.
● Very little data requirements. Just sales figures.
● Non-personalized.
● Can be personalized according to category preferences of the user (eg. if
the user is interested in books->novel, recommend the most popular or the
latest release novel)
6. 2. Association or Market Basket Analysis
● Identifies group of items consumed together. (Eg: {bananas, apples,
oranges} , {jalapenos, avocados}, {beer,diapers})
● Other items of the group can be recommended if the user has
consumed one item in that group.
● Non-personalized.
● Simple and fast. Data Prep is minimal.
● Will not work well where the selection is extremely broad like in music
compared to the users. However, its performance might be improved
by using other filters.
7. 3. Content Filtering
● Very intuitive. Gives same features to content and the
user. Matches the user with the content that has
similar feature values.
● Solves the ‘cold-start’ problem in recommenders.
● But, It is difficult and most of the times
cost-ineffective to learn and maintain the features for
the user and the inventory, especially when they are
fast changing.
● Pandora Radio uses CF with 400 attributes.
8. 4. Collaborative Filtering
● Finds users similar to the given user and recommends
other items that are consumed by those users.
● Can recommend items without the human-designated
understanding of the items itself.
● It is only meaningful with large amount of user base.
● It will not satisfy the needs of users who have a unique
taste.
● Items that are new and have never been
consumed/rated cannot be recommended since
recommendation relies on prior rating (‘Cold-start
problem’).
9. 5. Hybrid Recommender
● Knowledge Based Recommender involves the addition of
rules by human subject matter experts. Good Product
Marketing Managers can frequently define what products
do and do not go together.
● Hybrid Recommenders involve combining different
recommenders according to different business cases.
● Netflix uses a hybrid CB/CF recommender. It offers both
recommendations based on the habits of similar customers
(Collaborative Filtering) as well as recommendations based
on highly rated films seen to be similar by content attributes
(Content Filtering).
● It is likely that the optimum recommender will be a hybrid.
10. Deep Learning and Recommenders
● Image Recognition techniques can be used to create new features.
● Addition of the new attribute allowed He and McAuley to improve overall recommender performance by
10% to 26% on different clothing categories, and by 25% to 45% for ‘cold start’ previously unseen
customers. They have a commercial version called Fashionista. Read the original study here.
● Adding attributes allows Content Filtering. And, content filtering is the solution to ‘Cold-Start’ problem.