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AI Performance Measurement: Think Business Values

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Towards Sustainable Artificial Intelligence

Abstract

The film Minority Report starring Tom Cruise is one of the few movies that explore the potential impact of technology on everyday life. Beside its idealistic view of the future ahead of us, the sci-fi movie features an almost crime-free future where a special police unit known as the “pre-crime department” identifies and arrests criminals based on foreknowledge provided by “precogs.” For the sake of facilitating the understanding of the point we illustrate through this movie, the following is a short overview of the movie’s main story:

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Notes

  1. 1.

    The term precog is used to refer to people capable of precognition.

  2. 2.

    Includes performance metrics applicable to any digital system.

  3. 3.

    Reciprocal of the arithmetic mean of the reciprocals of the given set of observations (Wikipedia). For example, given three numbers 2, 3, and 5, the average of their reciprocal is given by (1/2 + 1/3 + 1/5) /3 = 1.03/3, leading to a harmonic mean of 3/1.03 = 2.91.

  4. 4.

    Gives customers the opportunity to improve the efficiency of the electric grid by shifting their usage during peak hours to off-peak hours.

  5. 5.

    Group of related elements.

  6. 6.

    Such as privileging an arbitrary group of users over others. For example, current state-of-the-art facial recognition systems have a higher error rate when attempting to identify dark-skinned and female faces.

  7. 7.

    The target audience is the population of interest.

  8. 8.

    https://aif360.mybluemix.net

  9. 9.

    New from the organization’s perspective, because the customer who has provided the data may already hold that inferred information.

  10. 10.

    Generally, any party with an interest in the outcome of the system.

  11. 11.

    For simplicity, we suppose that the tariff is fixed for the estimation period.

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© 2021 The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature

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Tsafack Chetsa, G.L. (2021). AI Performance Measurement: Think Business Values. In: Towards Sustainable Artificial Intelligence. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-7214-5_5

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