An artificial intelligence-enabled industry classification and its interpretation

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Daejin Kim ◽  
Hyoung-Goo Kang ◽  
Kyounghun Bae ◽  
Seongmin Jeon

PurposeTo overcome the shortcomings of traditional industry classification systems such as the Standard Industrial Classification Standard Industrial Classification, North American Industry Classification System North American Industry Classification System, and Global Industry Classification Standard Global Industry Classification Standard, the authors explore industry classifications using machine learning methods as an application of interpretable artificial intelligence (AI).Design/methodology/approachThe authors propose a text-based industry classification combined with a machine learning technique by extracting distinguishable features from business descriptions in financial reports. The proposed method can reduce the dimensions of word vectors to avoid the curse of dimensionality when measuring the similarities of firms.FindingsUsing the proposed method, the sample firms form clusters of distinctive industries, thus overcoming the limitations of existing classifications. The method also clarifies industry boundaries based on lower-dimensional information. The graphical closeness between industries can reflect the industry-level relationship as well as the closeness between individual firms.Originality/valueThe authors’ work contributes to the industry classification literature by empirically investigating the effectiveness of machine learning methods. The text mining method resolves issues concerning the timeliness of traditional industry classifications by capturing new information in annual reports. In addition, the authors’ approach can solve the computing concerns of high dimensionality.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pooya Tabesh

Purpose While it is evident that the introduction of machine learning and the availability of big data have revolutionized various organizational operations and processes, existing academic and practitioner research within decision process literature has mostly ignored the nuances of these influences on human decision-making. Building on existing research in this area, this paper aims to define these concepts from a decision-making perspective and elaborates on the influences of these emerging technologies on human analytical and intuitive decision-making processes. Design/methodology/approach The authors first provide a holistic understanding of important drivers of digital transformation. The authors then conceptualize the impact that analytics tools built on artificial intelligence (AI) and big data have on intuitive and analytical human decision processes in organizations. Findings The authors discuss similarities and differences between machine learning and two human decision processes, namely, analysis and intuition. While it is difficult to jump to any conclusions about the future of machine learning, human decision-makers seem to continue to monopolize the majority of intuitive decision tasks, which will help them keep the upper hand (vis-à-vis machines), at least in the near future. Research limitations/implications The work contributes to research on rational (analytical) and intuitive processes of decision-making at the individual, group and organization levels by theorizing about the way these processes are influenced by advanced AI algorithms such as machine learning. Practical implications Decisions are building blocks of organizational success. Therefore, a better understanding of the way human decision processes can be impacted by advanced technologies will prepare managers to better use these technologies and make better decisions. By clarifying the boundaries/overlaps among concepts such as AI, machine learning and big data, the authors contribute to their successful adoption by business practitioners. Social implications The work suggests that human decision-makers will not be replaced by machines if they continue to invest in what they do best: critical thinking, intuitive analysis and creative problem-solving. Originality/value The work elaborates on important drivers of digital transformation from a decision-making perspective and discusses their practical implications for managers.


2021 ◽  
Vol 2068 (1) ◽  
pp. 012042
Author(s):  
A Kolesnikov ◽  
P Kikin ◽  
E Panidi

Abstract The field of logistics and transport operates with large amounts of data. The transformation of such arrays into knowledge and processing using machine learning methods will help to find additional reserves for optimizing transport and logistics processes and supply chains. This article analyses the possibilities and prospects for the application of machine learning and geospatial knowledge in the field of logistics and transport using specific examples. The long-term impact of geospatial-based artificial intelligence systems on such processes as procurement, delivery, inventory management, maintenance, customer interaction is considered.


Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yuyan Luo ◽  
Zheng Yang ◽  
Yuan Liang ◽  
Xiaoxu Zhang ◽  
Hong Xiao

PurposeBased on climate issues and carbon emissions, this study aims to promote low-carbon consumption and compel consumers to actively shift to energy-saving appliances. In this big data era, online reviews in social and electronic commerce (e-commerce) websites contain valuable product information, which can facilitate firm business strategies and consumer comparison shopping. This study is designed to advance existing research on energy-saving refrigerators by incorporating machine learning models in the analysis of online reviews to provide valuable suggestions to e-commerce platform managers and manufacturers to effectively understand the psychological cognition of consumers.Design/methodology/approachThis study proposes an online e-commerce review mining and management strategy model based on “data acquisition and cleaning, data mining and analysis and strategy formation” through multiple machine learning methods, namely, Bayes networks, support vector machine (SVM), latent Dirichlet allocation (LDA) and importance–performance analysis (IPA), to help managers.FindingsBased on a case study of one of the largest e-commerce platforms in China, this study linguistically analyzes 29,216 online reviews of energy-saving refrigerators. Results indicate that the energy-saving refrigerator features that consumers are generally satisfied with are, in sequential order, logistics, function, price, outlook, after-sales service, brand, quality and space. This study also identifies ten topics with 100 keywords by analyzing 18 different refrigerator models. Finally, based on the IPA, this study allocates different priorities to the features and provides suggestions from the perspective of consumers, the government and manufacturers.Research limitations/implicationsIn terms of limitations, future research may focus on the following points. First, the topics identified in this study derive from specific points in time and reviews; thus, the topics may change with the text data. A machine learning-based online review analysis platform could be developed in the future to dynamically improve consumer satisfaction. Moreover, given that consumers' needs may change over time, e-commerce platform types and consumer characteristics, such as user profiles, can be incorporated into the model to effectively analyze trends in consumers' perceived dimensions.Originality/valueThis study fills the gap in previous research in this field, which uses small-sample data for qualitative analysis, while integrating management ideas and proposes an online e-commerce review mining and management strategy model based on machine learning methods. Moreover, this study considers how consumers' emotional and thematic preferences for products affect their purchase decision-making from the perspective of their psychological perception and linguistically analyzes online reviews of energy-saving refrigerators using the proposed mining model. Through the improved IPA model, this study provides optimizing strategies to help e-commerce platform managers and manufacturers.


2021 ◽  
Vol 2021 (2) ◽  
pp. 19-23
Author(s):  
Anastasiya Ivanova ◽  
Aleksandr Kuz'menko ◽  
Rodion Filippov ◽  
Lyudmila Filippova ◽  
Anna Sazonova ◽  
...  

The task of producing a chatbot based on a neural network supposes machine processing of the text, which in turn involves using various methods and techniques for analyzing phrases and sentences. The article considers the most popular solutions and models for data analysis in the text format: methods of lemmatization, vectorization, as well as machine learning methods. Particular attention is paid to the text processing techniques, after their analyzing the best method was identified and tested.


2021 ◽  
Vol 16 (7) ◽  
pp. 1015-1024
Author(s):  
Leila R. Zelnick ◽  
Michael G. Shlipak ◽  
Elsayed Z. Soliman ◽  
Amanda Anderson ◽  
Robert Christenson ◽  
...  

Background and objectivesAtrial fibrillation (AF) is common in CKD and associated with poor kidney and cardiovascular outcomes. Prediction models developed using novel methods may be useful to identify patients with CKD at highest risk of incident AF. We compared a previously published prediction model with models developed using machine learning methods in a CKD population.Design, setting, participants, & measurementsWe studied 2766 participants in the Chronic Renal Insufficiency Cohort study without prior AF with complete cardiac biomarker (N-terminal pro–B-type natriuretic peptide and high-sensitivity troponin T) and clinical data. We evaluated the utility of machine learning methods as well as a previously validated clinical prediction model (Cohorts for Heart and Aging Research in Genomic Epidemiology [CHARGE]-AF, which included 11 predictors, using original and re-estimated coefficients) to predict incident AF. Discriminatory ability of each model was assessed using the ten-fold cross-validated C-index; calibration was evaluated graphically and with the Grønnesby and Borgan test.ResultsMean (SD) age of participants was 57 (11) years, 55% were men, 38% were Black, and mean (SD) eGFR was 45 (15) ml/min per 1.73 m2; 259 incident AF events occurred during a median of 8 years of follow-up. The CHARGE-AF prediction equation using original and re-estimated coefficients had C-indices of 0.67 (95% confidence interval, 0.64 to 0.71) and 0.67 (95% confidence interval, 0.64 to 0.70), respectively. A likelihood-based boosting model using clinical variables only had a C-index of 0.67 (95% confidence interval, 0.64 to 0.70); adding N-terminal pro–B-type natriuretic peptide, high-sensitivity troponin T, or both biomarkers improved the C-index by 0.04, 0.01, and 0.04, respectively. In addition to N-terminal pro–B-type natriuretic peptide and high-sensitivity troponin T, the final model included age, non-Hispanic Black race/ethnicity, Hispanic race/ethnicity, cardiovascular disease, chronic obstructive pulmonary disease, myocardial infarction, peripheral vascular disease, use of angiotensin-converting enzyme inhibitor/angiotensin receptor blockers, calcium channel blockers, diuretics, height, and weight.ConclusionsUsing machine learning algorithms, a model that included 12 standard clinical variables and cardiac-specific biomarkers N-terminal pro–B-type natriuretic peptide and high-sensitivity troponin T had moderate discrimination for incident AF in a CKD population.


Author(s):  
Derya Yiltas-Kaplan

This chapter focuses on the process of the machine learning with considering the architecture of software-defined networks (SDNs) and their security mechanisms. In general, machine learning has been studied widely in traditional network problems, but recently there have been a limited number of studies in the literature that connect SDN security and machine learning approaches. The main reason of this situation is that the structure of SDN has emerged newly and become different from the traditional networks. These structural variances are also summarized and compared in this chapter. After the main properties of the network architectures, several intrusion detection studies on SDN are introduced and analyzed according to their advantages and disadvantages. Upon this schedule, this chapter also aims to be the first organized guide that presents the referenced studies on the SDN security and artificial intelligence together.


2018 ◽  
Vol 39 (1) ◽  
pp. 61-64 ◽  
Author(s):  
Peter Buell Hirsch

Purpose Artificial intelligence and machine learning have spread rapidly across every aspect of business and social activity. The purpose of this paper is to examine how this rapidly growing field of analytics might be put to use in the area of reputation risk management. Design/methodology/approach The approach taken was to examine in detail the primary and emerging applications of artificial intelligence to determine how they could be applied to preventing and mitigating reputation risk by using machine learning to identify early signs of behaviors that could lead to reputation damage. Findings This review confirmed that there were at least two areas in which artificial intelligence could be applied to reputation risk management – the use of machine learning to analyze employee emails in real time to detect early signs of aberrant behavior and the use of algorithmic game theory to stress test business decisions to determine whether they contained perverse incentives leading to potential fraud. Research limitations/implications Because of the fact that this viewpoint is by its nature a thought experiment, the authors have not yet tested the practicality or feasibility of the uses of artificial intelligence it describes. Practical implications Should the concepts described be viable in real-world application, they would create extraordinarily powerful tools for companies to identify risky behaviors in development long before they had run far enough to create major reputation risk. Social implications By identifying risky behaviors at an early stage and preventing them from turning into reputation risks, the methods described could help restore and maintain trust in the relationship between companies and their stakeholders. Originality/value To the best of the author’s knowledge, artificial intelligence has never been described as a potential tool in reputation risk management.


2020 ◽  
Vol 37 (5) ◽  
pp. 253-265
Author(s):  
Uta Wilkens

PurposeThe aim of this paper is to outline how artificial intelligence (AI) can augment learning process in the workplace and where there are limitations.Design/methodology/approachThe paper is a theoretical-based outline with reference to individual and organizational learning theory, which are related to machine learning methods as they are currently in use in the workplace. Based on these theoretical insights, the paper presents a qualitative evaluation of the augmentation potential of AI to assist individual and organizational learning in the workplace.FindingsThe core outcome is that there is an augmentation potential of AI to enhance individual learning and development in the workplace, which however should not be overestimated. AI has a complementarity to individual intelligence, which can lead to an advancement, especially in quality, accuracy and precision. Moreover, AI has a potential to support individual competence development and organizational learning processes. However, a further outcome is that AI in the workplace is a double-edged sword, as it easily shows reinforcement effects in individual and organizational learning, which have a backside of unintended effects.Research limitations/implicationsThe conceptual outline makes use of examples for illustrating phenomenon but needs further empirical analysis. The research focus on the meso level of the workplace does not fully refer to macro level outcomes.Practical implicationsThe practical implication is that it is a matter of socio-technical job design to integrate AI in the workplace in a valuable manner. There is a need to keep the human-in-the-loop and to complement AI-based learning approaches with non-AI counterparts to reach augmentation.Originality/valueThe paper faces workplace learning from an interdisciplinary perspective and bridges insights from learning theory with methods from the machine learning community. It directs the social science discourse on AI, which is often on macro level to the meso level of the workplace and related issues for job design and therefore provides a complementary perspective.


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