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What Are Heuristics, You Ask?



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A heuristic, or shortcut, is a method of solving a problem. It doesn't have to be perfect or rational but it can often suffice for short-term goals. These are some examples:

Heuristic availability

The availability-heuristic is a bias which allows us to select examples we can easily see or experience. This bias is commonly referred to by the "availability bias", as it uses immediate examples to make decisions. It is most often observed when people make snap decisions. There are a few simple techniques to avoid this bias. These are just a few. Continue reading to find out more. Availability heuristic: How it can be avoided and its pitfalls

The availability heuristic has also been shown to contribute to judgmental biases. One example is that people tend to be too responsible for collaborative efforts, valuing their own contributions more than the contributions of their co-occupants. This bias also leads people to overestimate the relationship between clinical diagnoses and invalid diagnostic tests. This bias can lead to people being afraid of the wrong things, such as walking their kids to school.

One-clever-clue heuristic

One-clever, or heuistic decision making is when an individual only considers one good reason for making a decision. This process is closely related to lexicographic decision-making, which defines an attribute by its most important attribute. The main difference between the two is the focus on the usefulness of the selected cue. This heuristic is only useful in small samples, and moderately redundant settings.


While heuristics can improve our decision-making processes, the research on this process has not been very strong. There has been a lot of research that does not support this hypothesis. A particular focus is on the noncompensatory processing recognition. This research provided insight into the creation of the One-clever heuristic. Some researchers have criticised this theory as being too simplistic.

One-reason heuristic

Heuristics help us choose between alternatives and arrive at a decision quickly. When a decision is not presented with a choice, people must search for different cues to distinguish the two options. There are many situations where one-reason reasoning can be applied, including when choosing between 2 cities. One example is when choosing between two cities. A person may choose the one with better features like the weather.

The concept of heuristics has been studied since the 1950s, when Herbert Simon proposed that human beings use heuristics to make decisions. Daniel Kahneman (and Amos Tversky) added cognitive bias research to help create specific heuristic designs. Some argue that the use of heuristics is just laziness, while others believe that they are more accurate than known factors and consequences.





FAQ

Who is the inventor of AI?

Alan Turing

Turing was conceived in 1912. His father was a clergyman, and his mother was a nurse. He excelled in mathematics at school but was depressed when he was rejected by Cambridge University. He began playing chess, and won many tournaments. After World War II, he worked in Britain's top-secret code-breaking center Bletchley Park where he cracked German codes.

He died in 1954.

John McCarthy

McCarthy was born in 1928. He studied maths at Princeton University before joining MIT. He created the LISP programming system. By 1957 he had created the foundations of modern AI.

He died in 2011.


How do you think AI will affect your job?

AI will eventually eliminate certain jobs. This includes taxi drivers, truck drivers, cashiers, factory workers, and even drivers for taxis.

AI will create new jobs. This includes those who are data scientists and analysts, project managers or product designers, as also marketing specialists.

AI will make existing jobs much easier. This applies to accountants, lawyers and doctors as well as teachers, nurses, engineers, and teachers.

AI will improve the efficiency of existing jobs. This includes customer support representatives, salespeople, call center agents, as well as customers.


How does AI work?

An algorithm is an instruction set that tells a computer how solves a problem. A sequence of steps can be used to express an algorithm. Each step has a condition that determines when it should execute. Each instruction is executed sequentially by the computer until all conditions have been met. This process repeats until the final result is achieved.

For example, suppose you want the square root for 5. You could write down every single number between 1 and 10, calculate the square root for each one, and then take the average. You could instead use the following formula to write down:

sqrt(x) x^0.5

This means that you need to square your input, divide it with 2, and multiply it by 0.5.

Computers follow the same principles. The computer takes your input and squares it. Next, it multiplies it by 2, multiplies it by 0.5, adds 1, subtracts 1 and finally outputs the answer.


How does AI work

An artificial neural network consists of many simple processors named neurons. Each neuron takes inputs from other neurons, and then uses mathematical operations to process them.

Neurons are arranged in layers. Each layer serves a different purpose. The raw data is received by the first layer. This includes sounds, images, and other information. It then passes this data on to the second layer, which continues processing them. Finally, the output is produced by the final layer.

Each neuron has its own weighting value. This value is multiplied with new inputs and added to the total weighted sum of all prior values. If the result is more than zero, the neuron fires. It sends a signal to the next neuron telling them what to do.

This is repeated until the network ends. The final results will be obtained.



Statistics

  • A 2021 Pew Research survey revealed that 37 percent of respondents who are more concerned than excited about AI had concerns including job loss, privacy, and AI's potential to “surpass human skills.” (builtin.com)
  • By using BrainBox AI, commercial buildings can reduce total energy costs by 25% and improves occupant comfort by 60%. (analyticsinsight.net)
  • While all of it is still what seems like a far way off, the future of this technology presents a Catch-22, able to solve the world's problems and likely to power all the A.I. systems on earth, but also incredibly dangerous in the wrong hands. (forbes.com)
  • Additionally, keeping in mind the current crisis, the AI is designed in a manner where it reduces the carbon footprint by 20-40%. (analyticsinsight.net)
  • More than 70 percent of users claim they book trips on their phones, review travel tips, and research local landmarks and restaurants. (builtin.com)



External Links

mckinsey.com


en.wikipedia.org


hbr.org


medium.com




How To

How to set Cortana for daily briefing

Cortana can be used as a digital assistant in Windows 10. It helps users quickly find information, get answers and complete tasks across all their devices.

Setting up a daily briefing will help make your life easier by giving you useful information at any time. You can expect news, weather, stock prices, stock quotes, traffic reports, reminders, among other information. You have control over the frequency and type of information that you receive.

Win + I is the key to Cortana. Select "Cortana" and press Win + I. Click on "Settings" and select "Daily Briefings". Scroll down until you can see the option of enabling or disabling the daily briefing feature.

Here's how you can customize the daily briefing feature if you have enabled it.

1. Open Cortana.

2. Scroll down to the "My Day" section.

3. Click the arrow to the right of "Customize My Day".

4. Choose which type you would prefer to receive each and every day.

5. Change the frequency of updates.

6. Add or subtract items from your wish list.

7. You can save the changes.

8. Close the app




 



What Are Heuristics, You Ask?