SAN JOSE, Calif., Jan. 11, 2018 /PRNewswire/ --
Highlights:
- Blockchain will use AI to search through relationship
data, says Dr. Scott Zoldi, chief
analytics officer at FICO, in his AI predictions for 2018
- Defensive AI will be used to protect systems from
malicious AI and machine learning
- Chatbots will get so good at understanding us they will
learn how to manipulate us
The growing use of blockchain technology in financial services
will include a healthy dose of artificial intelligence, as new,
automated analytic techniques look for patterns in the
"relationship data" about people, contracts and transactions. That
merger of two hot tech trends is one of the predictions made by
Dr. Scott Zoldi, chief analytics
officer at Silicon Valley analytic software firm FICO, and a
recognized expert in the field of artificial intelligence.
More information:
http://www.fico.com/en/blogs/analytics-optimization/analytic-predictions-2018-31-flavors-of-ai/
"Beyond its association with cryptocurrencies, blockchain
technology will soon record 'time chains of events,' as applied to
contracts, interactions and occurrences," Dr. Zoldi wrote on the
FICO Blog. "Think about renting a car. In the future, you will be
able walk up to a car to lease it, but you'll do so with a
micro-loan for which you are approved to lease the car for, say, an
afternoon. This micro-loan will have insurance contracts attached
to the blockchain, and a codified history of the car's history of
drivers, events, and maintenance. As you drive through the city and
interact with toll roads and parking spaces, all of this
information will be automatically recorded and monitored on the
blockchain. When you leave the car and lock it, the lease is
complete and auditable on the chain. These kinds of data event
chains will create new opportunities for graph analytics and novel
new AI algorithms to consume relationship data at scale."
Zoldi, who leads the team that builds FICO's AI analytics for
solutions such as fraud management and cybersecurity, also sees a
rise in what he calls "defensive AI." "Attackers use
malicious AI and ML to circumvent the protective systems companies
have in place," he wrote. "This arms race, in which criminals arm
themselves with adversarial machine learning, tops McAfee's 2018
security forecast. In 2018 we will see new systems that will seed
their outputs with 'faint signatures' to mislead, confuse or
identify the attackers learning the AI system's response."
As chatbots get smarter and use more AI, they will not
only understand us better, they will also be better at manipulating
us, Dr. Zoldi predicts. "By quickly understanding the tone, content
and predicted highest-value conversational paths to meet various
objectives, chatbots using AI can also learn the magic words to
sway our attitude, actions and possibly elicit en masse
reactions," he wrote.
Dr. Zoldi's other predictions for AI in 2018 are:
- AI will have to explain itself. "The need for
Explainable AI (XAI) is catalyzed by regulations like the European
Union's General Data Protection Regulation (GDPR), which requires
explanations for decisions based on scores, including those
produced by AI and ML systems."
- AI will augment us. "Whether it's drawing the
information together for us to be superhuman at investigation, data
recall, or improving how we learn new topics, AI will augment our
ability to process new information. The question will be as to
whether our human brains will atrophy, improve or simply evolve to
the rate and frequency of data."
- AI will get operationalized. "In 2018, companies will
focus on operationalizing AI, particularly in the cloud, to more
easily build, refine, deploy and enhance machine learning
environments."
Dr. Scott Zoldi has been
responsible for authoring 83 analytic patents with 42 patents
granted and 41 in process. Dr. Zoldi is most recently focused on
new applications of AI and machine learning analytics across fraud,
cybersecurity and other applications.
About FICO
FICO (NYSE: FICO) powers decisions that help people and
businesses around the world prosper. Founded in 1956 and based in
Silicon Valley, the company is a pioneer in the use of predictive
analytics and data science to improve operational decisions. FICO
holds more than 180 US and foreign patents on technologies that
increase profitability, customer satisfaction and growth for
businesses in financial services, telecommunications, health care,
retail and many other industries. Using FICO solutions, businesses
in more than 100 countries do everything from protecting 2.6
billion payment cards from fraud, to helping people get credit, to
ensuring that millions of airplanes and rental cars are in the
right place at the right time.
Learn more at http://www.fico.com
FICO is a registered trademark of Fair Isaac Corporation in the
U.S. and other countries.
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SOURCE FICO