XAI requirements per industry
Consider you are an XAI consultant working in different sectors: healthcare, finance, and retail.
In healthcare, predict drug side effects and efficacy for diverse patients, using complex data for personalized treatments. In finance, evaluate loan applicants' credit risk, considering financial history and current trends, ensuring decisions are transparent. In retail, use customer data to optimize personalized ads, enhancing engagement and sales with clear strategy explanations.
The significance of XAI's transparency and interpretability varies, influenced by the industry context and the distinct groups it serves. Reflect on the implications of AI's explainability on decision-making processes for each field.
This exercise is part of the course
Explainable Artificial Intelligence (XAI) Concepts
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