The first edition of DATAx New York, an AI, ML and data extravaganza, opened this morning in New York, with more than 500 delegates in attendance.
The two-day event, which will see IT experts from across the world descend on New York's Hilton Midtown, is made up of five summits – AI & Big Data for Banking, AI & Big Data for Pharma, AI & Big Data for Marketing, Chief Data Officer and Machine Learning Innovation – all of which will focus on the latest developments, trends and challenges being presented by the adoption and implementation of AI and ML solutions across the world of business.
Opening Day One in the Machine Learning Summit, Sarah Hoffman, VP – AI and ML research at Fidelity Investments, stated: "Americans now on average fear machines taking their jobs more than they fear death."
Hoffman later told delegates: "Humans have always been scared of new tech taking their jobs, it's part of human history, but we can prevent these risks."
Meanwhile, in Chief Data Officer, Google Cloud chief decision scientist Cassie Kozyrkov focused on her top 10 tips for making data science useful, during which she called on data teams to "split your damn data" – four words she said she lived by. The point, she noted, was to have one team focus on "inspiration" and the other team to focus on "rigor", with experts only working on the latter split dataset.
"Be inspired but don't leap beyond the first steps without the expertise," she remarked, noting that inspiration via an idea may be cheap, but the rigor required to take that idea to the next steps would involve much more expertise and expense.
DATAx New York looks set to make its mark on the data community, with experts from the likes of Flipboard, Qlik, JP Morgan, Microsoft and Oracle all set to take the stage later today.
We'll be here to keep you up to date with all developments from the very first DATAx New York.
To find out more, visit DATAx New York's festival site.