May 02, 2017 / by Dan / news / TAGS: AI, banking, ML, traffic

Experian make practical use of machine learning

Credit reference agency Experian hold around 3.6 petabytes of data from people all over the world. This makes them an authority for banks and other financial institutions who want to know whether we represent a good investment, when we come to them asking for money. Like all financial services, they are being rapidly changed by waves of technological innovation sweeping through industry – none...

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March 28, 2017 / by Dan / news / TAGS: AI, banking, ML, traffic

AI Beats worlds worst traffic

The height of individual vs. collective irrationality has to be automobile traffic. We build roadways around the assumption that we as individual human actors will behave in ways that appear to reward those behaviors at the level of individuals but wind up harming the collective's goal of moving many cars through a limited amount of space as quickly as possible. Witness how a single greedy merg...

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