Paul-Willem Janse van Rensburg
17 October 2017 | 14:45 – 15:45 | Bill Gallagher Room
Relevant practice area(s):Professional Matters, Wider Fields
Suggested audience knowledge level: Foundational
Abstract:
The advent of machine learning has introduced a major shift in how businesses operate, from how it interacts with its clients, to the products it offers, to how it makes its key business decisions
It has merged two fields, software development and statistics, to produce an approach to modelling that changes as its environment changes and allows building of these models by person’s previously viewed as non-experts
This poses a threat to the role the traditional actuary plays in a business as a key decision maker