Learning Models Will Run the World: Why DataWeave is Front and Center of a Global Paradigm Shift
Natt Fry, a renowned thought leader in the world of retail and analytics, published recently an article expounding the value and potential of learning models influencing business decision-making across industries over the next few years.
He quotes a Wall Street Journal article (paywall) published by Steven A. Cohen and Matthew W. Granade who claim that, “while software ate the world the past 7 years, learning models will ‘eat the world’ in the next 7 years.”
The article defines a learning model as a “decision framework in which the logic is derived by algorithm from data. Once created, a model can learn from its successes and failures with speed and sophistication that humans usually cannot match.”