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How the U.S. Presidential Election Is Ratcheting Up Risk for Fashion Stocks
Matt Katz shares key considerations for retailers navigating today’s complex market in this WWD article.
Learn MoreArtificially generated, synthetic data has the potential to be used in place of historic data in certain use cases. Principal Data Scientist John Blankenbaker was featured in “What Is Synthetic Data? Generated Data to Help Your AI Strategy” in CIO discussing the ways synthetic data can be used.
John notes how synthetic data can be used to fill in gaps in existing data, “Another common problem is to balance out a data set. For example, a historic data set might be composed of 99% non-fraudulent transactions and less than 1% fraudulent ones. Many models will decide that the most successful policy will be to label every transaction as non-fraudulent.”
He continues on to explain the intricacies of using this as a tool, “It will only be useful if the synthesis process captures whatever it is about a transaction that indicates fraud. Which is unlikely to be obvious because then we’d use that as our fraud detector.”
John adds that it could also be useful in testing new software elaborating, “If we want to see how our infrastructure handles a large number of user accounts, it is easy to write a program that connects to our website and signs up synthetic users.”
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Matt Katz shares key considerations for retailers navigating today’s complex market in this WWD article.
Learn MoreAs retailers continue to test new in-store solutions to cut costs and accommodate labor shortages, it is essential to consider the impact had on the customer. Nick Kramer outlines the potential implications of these new retail solutions on the in-store shopping experience in this Retail TouchPoints article.
Learn MoreOnline lenders are often smaller and less-experienced, leaving them open to additional risk compared to traditional lenders. Pierre Buhler outlines the risks facing digital lenders in this The Information article.
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