DecideWise.net-- A community for decision intelligence

· Source: Mike Talks AI · Field: Technology & Digital — Artificial Intelligence & Machine Learning, Data Science & Analytics, Emerging Technologies & Innovation · Depth: Intermediate, quick

Summary

DecideWise.net is a new community for Decision Intelligence, co-founded by Linda Crowe and Benjamin Baer, aiming to foster knowledge transfer and collaboration within this field. The term "Decision Intelligence" originated in the expert systems community, leading to its strong presence in the finance and insurance sectors, which excel at automating, auditing, and explaining decisions. The community seeks to expand these principles to other industries. A key insight from the founders is the importance of starting with the decisions an organization wants to improve or automate, rather than beginning with available data. The community also addresses the challenge of tight corporate budgets, where LLMs often receive disproportionate funding, despite being complementary tools rather than replacements for existing techniques.

Key takeaway

For AI Product Managers evaluating new system implementations, you should prioritize defining the specific decisions your organization aims to improve or automate before focusing on data acquisition or technology selection. This approach ensures that LLMs and other advanced tools are integrated as part of a comprehensive toolkit, rather than becoming the sole, potentially insufficient, solution due to budget biases.

Key insights

Decision Intelligence, rooted in expert systems, prioritizes decision improvement over data-first approaches.

Principles

Method

Identify organizational decisions for improvement or automation, then gather necessary data to support those specific decisions, rather than letting data availability dictate the approach.

In practice

Topics

Best for: AI Product Manager, Business Analyst, MLOps Engineer

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Editorial summary, takeaway, and curation by AIssential. Original article published by Mike Talks AI.