Predictions in Literature and Film
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Questions and Answers

What does the author state about the impact of small improvements in prediction accuracy?

  • Small improvements in prediction accuracy only matter in specific areas like health insurance and fraud detection.
  • Small improvements in prediction accuracy always lead to large, noticeable changes in the prediction outcomes.
  • Small improvements in prediction accuracy have no significant impact on the overall prediction performance.
  • Small improvements in prediction accuracy can be deceptive, with larger percentage point increases appearing smaller than they actually are. (correct)
  • What is the primary reason for the significance of prediction in modern AI?

  • Prediction enables the development of intelligent machines from science fiction.
  • Prediction is used primarily for espionage and obtaining useful information.
  • Prediction is the only function of modern AI.
  • Prediction provides foundational input for better decision-making. (correct)
  • What is one of the main impacts of the cost of prediction falling?

  • It allows for the creation of intelligent machines comparable to those in science fiction films.
  • It has led to a decrease in the quality and accuracy of predictions made by AI.
  • It has no significant impact on the usefulness of predictions made by AI.
  • It broadens the range of activities where prediction can be useful, such as machine language translation. (correct)
  • According to the text, what is the ImageNet Challenge focused on predicting?

    <p>The name of an object in an image.</p> Signup and view all the answers

    What evidence does the author provide to support the impact of machine learning on fraud detection?

    <p>Credit card fraud detection has improved from catching about 80% of fraudulent transactions in the late 1990s to 98-99.9% today due to machine learning.</p> Signup and view all the answers

    What was the error rate for the best machine predictions in the ImageNet Challenge in 2012?

    <p>16%</p> Signup and view all the answers

    What does the author imply about the impact of small changes in prediction accuracy?

    <p>Small changes are meaningful, especially when mistakes are costly.</p> Signup and view all the answers

    What is one area where machine learning technology has had a significant impact, as mentioned in the text?

    <p>Object identification and language translation.</p> Signup and view all the answers

    What is one example of a classic prediction problem mentioned in the text?

    <p>Predicting how many items would be in a warehouse on a given day.</p> Signup and view all the answers

    What did the changes in Google Translate illustrate?

    <p>The reduced costs of quality-adjusted prediction due to advancements in machine learning.</p> Signup and view all the answers

    What did the leading methods achieve in credit card fraud detection around the late 1990s?

    <p>Catching about 70-80% of fraudulent transactions.</p> Signup and view all the answers

    What does the author suggest about the impact of deep learning models on image identification accuracy?

    <p>They resulted in a massive breakthrough in accuracy according to Princeton professor Olga Russakovsky.</p> Signup and view all the answers

    What is the cultural understanding of prediction based on the given text?

    <p>Seeing otherwise hidden information in the past, present, or future</p> Signup and view all the answers

    How did Avi's credit card provider handle a fraudulent transaction according to the text?

    <p>Reversed the transaction and replaced the card</p> Signup and view all the answers

    What did the credit card company use to reduce fraud according to the text?

    <p>Avi's spending habits and other available data</p> Signup and view all the answers

    How is language translation recast as a prediction problem according to the text?

    <p>By taking advantage of recent advances in AI</p> Signup and view all the answers

    What recent advance in AI enabled Google's translation service to improve significantly?

    <p>Deep learning for supercharging prediction</p> Signup and view all the answers

    What is the main achievement of AI mentioned in the text?

    <p>Recasting language translation as a prediction problem</p> Signup and view all the answers

    How does deep learning help in language translation?

    <p>By supercharging prediction and improving translation quality</p> Signup and view all the answers

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