In the current data-driven environment, businesses can drive growth and inform decision-making by democratizing data. This means making data accessible and understandable to all members of an organization, regardless of their technical skills. Here are the core principles needed for effective data democratization.
Creating a data culture within an organization is the first step towards data…
With the integration of Artificial Intelligence (AI) such as AI-powered chatbots in healthcare, patient care and overall experience have been revolutionized. However, the growing use of Generative AI could also offer pivotal advances in healthcare, but it needs to be handled carefully to avoid potential risks.
Generative AI can create personalized treatment plans for patients…
Artificial Intelligence (AI) is revolutionizing the fintech industry by driving rapid developments and innovations. According to McKinsey, around 56% of fintech firms incorporated AI in at least one business function as of 2023. AI has transformed operations in many ways, including enhanced customer service and automation. Here are five use cases of AI in fintech…
With healthcare industry transformation, a concerning trend of patient disengagement has surfaced. Aligning to non-traditional care settings and patient-centric approaches is crucial. This blog explores the key healthcare use cases of 2023 that have enhanced patient outcomes.
1. Enhancing Patient Experience
In the healthcare field, a patient’s experience is vital and that's where technological innovations come…
Machine learning models are widely used today in smart devices like smartphones, with diverse applications like autocorrecting keyboards or improved chatbot responses. However, fine-tuning these models requires considerable computational resources and transfers of data to and from cloud servers – which can pose both energy and security issues. The team of researchers from MIT and…
Microbial sequence databases hold a vast array of information about enzymes and other molecules that could be utilized in biotechnology applications. However, the sheer size of these databases has made it challenging to efficiently search for specific enzymes of interest.
Researchers from the McGovern Institute for Brain Research at MIT, the Broad Institute of MIT and…
Researchers at MIT and the MIT-IBM Watson AI Lab have developed an onboarding process that efficiently combines human and AI efforts. The system educates a user when to collaborate with an AI assistant and when not. This method can find situations when a user trusts the AI model's advice, but the model is incorrect. The…
The MIT-Pillar AI Collective has selected Alexander Andonian, Daniel Magley, and Madhumitha Ravichandra as its three inaugural fellows for the fall 2023 semester. All are on the cusp of concluding a master’s or PhD program and will aid in conducting research in artificial intelligence (AI), machine learning, and data science, backed by the program.
The…
MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) researchers, in collaboration with the MIT-IBM Watson AI Lab, have developed a new metric, the "minimum viewing time" (MVT), to measure the difficulty of recognizing an image. The researchers aimed to close the gap between the performance of deep learning-based AI models and humans in recognizing and…
MIT engineering students Irene Terpstra ’23 and Rujul Gandhi ’22 are collaborating with the MIT-IBM Watson AI Lab to advance Artificial Intelligence (AI) systems using Natural Language Processing (NLP), taking advantage of the vast amount of natural language data available. Terpstra is focusing on the application of AI algorithms for computer chip design, leveraging the…
Partial differential equations (PDEs) are used in fields like physics and engineering to model complex physical processes, offering insight into some of the world's most intricate systems. To solve these equations, researchers use high-fidelity numerical solvers, which are time-consuming and computationally expensive. A simplified alternative, data-driven surrogate models, compute the goal property of a solution…
MIT's Improbable AI Lab has developed a novel multimodal framework for artificial intelligence (AI) called the Compositional Foundation Models for Hierarchical Planning (HiP). The aim of this system is to help robots conduct complex tasks that involve numerous smaller steps, from household chores to more elaborate industrial processes.
Traditionally, AI systems have required paired visual,…