Session 5 Flashcards

1
Q

What is a recommender system?

A

show in practice when we open online shops and recommend us quite suitable products

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2
Q

what are benfits of a RS to customer?

A

get better suitable recommendations (reduce search costs), be able to discover new products

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3
Q

what are benefits of RS to the seller?

A

cross-selling opportunities to make more money, higher customer satisfaction

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4
Q

what is collaborative filtering?

A

filtering based on users behaviour and similar decisions made by other uses
–> we look for a group of similar users and check whether they bought this product, if yes we recommend it to the new users (“others who bought this book, also bought these”)
- item and user based filtering

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5
Q

what is content-based filtering?

A

filtering based on content
-> if we have a book with similar content we recommend it to people who bought the similar book

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6
Q

what are challenges with content based filtering?

A
  • suggests the same content every time
  • often the start, as you need a growd for collaborative filtering (item and user based)
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7
Q

what are challenges /problems to overall recommender systems?

A
  • cold-start problem for new users and new items
  • scalability: calculations become difficult, when business is growing, because of more data
  • sparsity problem: sometimes difficult to find users with the same prachsing history
  • exotic profiles: make it hard to make suitable recommendations (when more than 1 person uses account)
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8
Q

what is a solution to the cold-start problem?

A

use APIs ro conncet online shops withf Facebook, which has a lot of information and can be integrated into the recommendations (raises privacy concerns)

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9
Q

how does collaborative filtering: user-based nearest neighbour recommendation work?

A

if users had similar tastes in the past, they will also in future: user preferences remain stable -> generate ratings for everyon unseen/ purchased item

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10
Q

how does collaborative filtering: item-based nearest neighbour recommendation work?

A

we can also calculate similarieties between items, this is favoured in practie
-> based on ratings of users (If you rate “Toy Story” and “Finding Nemo” highly, the system might recommend “Monsters, Inc.” because its rating pattern is similar to “Finding Nemo” and “Toy Story” based on other users’ ratings)

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11
Q

how does content-based filtering work?

A

recommendation task consist of determining the items that match the user’s preferences best
does not reuire large user base or rating history, but knowlegdge of item characteristics

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12
Q

what is a chatbot?

A

a computerized service that enables easy conversation between humans and humanlike computerizted robots or image characters

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13
Q

what are the three main catrgoies of chatbot applications?

A
  1. enterprise chatbots
  2. virtual personal assistance (siri, Alexa, etc.)
  3. robo advisors
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14
Q

how does a chatbot work?

A
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15
Q

how cann DSS work as a judge advisor system?

A

a judge (us, decision-maker) decised about an afvisor (human, algorithm, human-algrothm team) giving advice (chatgpt, output, recommendation favrouring or discouraging particular options)

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16
Q

How does this judge advisor system look in real life (example and model)?

A
  • Example doctor: trust à do we trust the doctor?; accuracy (is the advice helpful?); advice utilization ( do we take the recommended number of pills?), system satisfaction ( are we happy with the entire interaction with the system?); intention to continue/use (do we want to continue using X)
  • Framework originates from human-to-human interaction but is now used for human-to-machine interaction
17
Q

what is algorithm aversion?

A

when people see that algorithms make errors they likely trsut them even less, even though they are still better than humans
-> reluctance of human decision makers to use superior but imperfect algorithms

18
Q

what is a main problem that stands behind algorithm aversion and how can it be resolved?

A

false expectations, whihc may be resolved by a higher algorithmic literacy
-> human decision makers should be trained on how to interact with algorithmic tools, how to interpret outputs and how to appreciate the utility of decision aids

19
Q

how can you measure algorithmic literacy?

A

by asking how well they can deal with AI and distinguish between certain factors or better by asking T/F qeustions (there is not yet a standardized test, as this test takes years to be developed)

20
Q

what should such as standardized test have?

A
  • be reliable and valid as it needs to have construct validity
  • same name for same construct
  • objective measurements
    -approarpiate development for the tests
21
Q

what are three other underlying problems of algorithmic aversion? and what are solutions?

A
  1. lack of deicison control –> human-in-the-loop decision making (power to overwrite algorithms)
  2. lack of incentivisztaion –> behavioral design for humans to stop thinking they will be replaced with algorithm
  3. combating intuition (a mode.based algorithm might go against the usual way people make decisions)
22
Q

what is an unintended effect of AI-based predictions)?

A

discrimination, racism and unfairness: we need to ingest ethics in the process of building algorithms, as they are currently not fair and are based on our opinions
-> example: black people used to get less treatment costs in healthcare, with this historic data algorithm was trained: so they continue to be discriminated

23
Q

what are corrective measures to counter act biases?

A

use unbiased data, mandatatory data governance, model evaltion by different cosial groups to not have an stereotypes in them
–> document how data was created

24
Q

what are legal issues with AI?

A
  • question of liability for wrong advice/ information provided by an intelligent application
  • ownership of knowledge in the knowledge base
25
Q

What are concerns about provacy with AI? what are the two rules that apply to interpretation of privacy?

A
  1. the rifht of privacy is not absolute as it needs to be balanced against the needs of the society
  2. the public’s right to know is superior to the individual’s right to privary
    -> but it is difficult to determine and enforce privacy regulations
26
Q
A