kiroi.org

AIROI - Artificial Intelligence Return on Invest
The AI strategy for decision-makers and managers

Business excellence for decision-makers & managers by and with Sanjay Sauldie

AIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

13 October 2024

Model Drift (Glossary)

4.4
(1266)

The term model drift originates from the fields of artificial intelligence and big data and describes an important phenomenon in the use of learning computer models. Model drift occurs when the quality of predictions made by an AI model deteriorates over time because the data or conditions with which the model works change.

A simple example: an online shop uses artificial intelligence to predict which products customers might buy next. If purchasing behaviour shifts due to a trend or a social change, the original model suddenly works with "old" assumptions. The recommendations become less accurate - the model has "drifted", so to speak.

Model drift is important to keep an eye on because it shows decision-makers that artificial intelligence is not a sure-fire success. Models need to be regularly reviewed and, if necessary, retrained so that they continue to deliver reliable, usable results. In this way, the technology remains a useful tool in everyday working life - and effectively supports data-based decisions.

How useful was this post?

Click on a star to rate it!

Average rating 4.4 / 5. Vote count: 1266

No votes so far! Be the first to rate this post.

Share on the web now:

Other content worth reading:

What is model drift? Find out now & learn how to keep your AI models up-to-date and powerful!

written by:

Keywords:

#3DPrint 1TP5InnovationThroughMindfulness #Cost savings #Supply chain #Value added

Follow me on my channels:

Questions on the topic? Contact us now without obligation

Contact us
=
Please enter the result as a number.

More articles worth reading

Leave a comment