As budgets tighten amidst a global crisis, marketers are scrambling to find better sources of truth. Whether its good prospecting performance, campaign management, or audience optimisation, there are many areas of success when it comes to the programmatic landscape. To meet this need, programmatic advertising is increasingly being driven by machine learning. So why would anyone doubt machine learning?
Machine learning models are, in many ways expert liars. Machine learning optimises by any means necessary, and if blurring the truth or taking into account irrelevant information helps to optimise, then this is what occurs. Its scary to think how much an unchecked model could get away with in the fast-paced world of programmatic, where seconds count.
In fact, Artificial Intelligence (AI) researcher, Sandra Wachter, actually calls machine learning algorithms black boxes saying: There is a lack of transparency around machine learning decisions and theyre not necessarily justified or legitimate.
So, how can anyone ensure a machine learning model is telling the truth? The best way is to treat the model like a job interview candidate; that is, any statements made should be treated with the due amount of scepticism, and facts must always be checked.
When it comes to performance, everyone wants it better. However, while a model might offer better performance on face value, its important to ask how exactly is that measured:
Machine learning technology can be time consuming and expensive, and its remarkably easy to waste money on a bad algorithm. Having good, solid proof a model works is a great way to avoid wasting budget. Fact-checking and asking for more evidence is vital if unsure of results, and if the model vendor cant offer access to an analyst who can back up the numbers with the work, move on.
Just because all data is accessible, doesnt mean it should be used, or that each point of data is as important as another.
Is knowing whether someone has bought a product before as important as the colour of their socks? If all data in the machine learning model is being used, marketers must ask how and why. Why is all of the data used? Why is all this important? What tests were run to prove it? Is the model even allowed to use all the data?
Everyones familiar with the concept and purpose of GDPR and similar global legislation. So, you must make sure you ask the question about how data is being used, or run the risk of severe fines.
Brands have clear metrics to hit and its the job of client services, together with data engineering, to ensure the machine learning optimises towards the KPIs. However, the beauty of machine learning is it frees up the client services team to do more than just achieve the brands KPI; it can help brands achieve business goals, too.
With thousands of successful campaigns under their belts, client services know what works and what doesnt. Users should expect to be able to contact a specialist at any time to make sure its doing what the clients want.
When talking about purchasing machine learning with a vendor who cant (or wont) answer your questions, its time to bail. Marketers must feel empowered to ask any and all questions of vendors, and just like a job interview, if the answer isnt a good fit then neither is the candidate.
Not knowing about or not understanding machine learning is accepted. However, whats not acceptable is to not be allowed to question machine learning just does it. In order to innovate, especially in volatile environments, everyone needs to better understand machine learning and to achieve this, a two-way conversation is vital.
Silverbullet is the new breed of data-smart marketing services, designed to empower businesses to achieve through a unique hybrid of data services, insight-informed content and programmatic. Our blend of artificial intelligence and human experience
More about Silver Bullet: http://www.wearesivlerbullet.com
Share and Enjoy !
The rest is here:
Learning to Trust AI in Troubled Times - AiThority
Recommendation and review posted by Ashlie Lopez
