Bias: The Hidden Challenge AI and ML systems often face bias issues. This bias can arise from the data used to train models, leading to unfair outcomes. For instance, biased training data can skew results, affecting decision-making and customer experiences, and damaging a company's reputation. Example: If a hiring algorithm is trained on data that reflects gender stereotypes, it may favor male candidates over equally qualified female candidates. Solutions: - Use diverse and representative training data. - Implement bias detection techniques. - Balance data with augmentation methods. - Apply bias mitigation techniques during training. - Continuously monitor and improve models. Probability: Navigating Uncertainty AI models provide probabilistic predictions, not certainties. This means that predictions can be wrong. The quality of these predictions depends on the data and methods used. Example: An AI model predicting stock prices may be right 70% of the time, but there’s still a 30% c...
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