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AI for Business Glossary

25 essential terms — because precise language is the foundation of clear thinking in AI for Business.

Showing 25 of 25 terms

Systematic errors in AI outputs that arise from prejudiced assumptions in training data, algorithm design, or deployment context.

Related:AI EthicsFairnessTraining Data

A centralized organizational unit that develops AI strategy, standards, talent, and shared resources to accelerate enterprise AI adoption.

Related:AI GovernanceDigital TransformationChange Management

Frameworks and policies ensuring AI systems are developed and deployed responsibly, ethically, and in regulatory compliance.

Related:AI EthicsExplainable AIRegulatory Compliance

The simulation of human intelligence by computer systems, including learning, reasoning, problem-solving, perception, and language understanding.

Related:Machine LearningDeep LearningNeural Network

Using predictive models to identify customers who are likely to stop using a product or service in the near future.

Related:Predictive AnalyticsCustomer RetentionSupervised Learning

An AI field that trains computers to interpret and act on visual information from images and video.

Related:Image ClassificationObject DetectionDeep Learning

The end-to-end infrastructure that collects, cleans, transforms, and delivers data to AI models and analytics systems.

Related:ETLData WarehouseData Quality

A subset of machine learning using multi-layered neural networks to model complex, non-linear relationships in data.

Related:Neural NetworkMachine LearningLarge Language Model

Deploying AI algorithms on local devices such as phones, sensors, and IoT hardware rather than relying on cloud computing.

Related:IoTLatencyOn-device Inference

Methods and techniques that make the decisions or predictions of AI systems understandable and interpretable to humans.

Related:AI GovernanceModel TransparencyBlack Box

AI systems capable of creating new content such as text, images, code, and audio based on patterns learned from training data.

Related:Large Language ModelDeep LearningPrompt Engineering

A neural network trained on vast amounts of text data that can understand context and generate human-like language.

Related:Generative AINLPTransformer

A subset of AI where algorithms learn patterns from data to make predictions or decisions without being explicitly programmed.

Related:Supervised LearningUnsupervised LearningDeep Learning

Practices combining machine learning, DevOps, and data engineering for reliable deployment and maintenance of ML models in production.

Related:Model MonitoringCI/CDModel Versioning

The field of AI focused on enabling computers to understand, interpret, and generate human language.

Related:Sentiment AnalysisLarge Language ModelChatbot

A computing architecture inspired by the human brain, consisting of interconnected nodes (neurons) organized in layers that process information.

Related:Deep LearningMachine LearningWeights and Biases

The use of data, statistical algorithms, and machine learning to forecast future outcomes based on historical patterns.

Related:Machine LearningData PipelineChurn Prediction

The practice of designing and refining inputs (prompts) to elicit desired outputs from generative AI and large language models.

Related:Generative AILarge Language ModelFew-shot Learning

A small-scale project to test whether a proposed AI solution is technically feasible and can deliver business value.

Related:Pilot ProjectMVPFeasibility Study

An AI system that predicts and suggests items or content a user is likely to prefer based on past behavior and similar profiles.

Related:Collaborative FilteringPersonalizationMachine Learning

Software robots that automate repetitive, rule-based digital tasks by mimicking human actions in applications.

Related:Intelligent AutomationData PipelineWorkflow Automation

An NLP technique that identifies and categorizes the emotional tone expressed in text as positive, negative, or neutral.

Related:NLPText MiningCustomer Feedback

A machine learning approach where the model is trained on labeled data with known inputs and correct outputs.

Related:Unsupervised LearningTraining DataClassification

A technique where a model trained on one task is reused as the starting point for a related task, reducing data and training requirements.

Related:Pre-trained ModelFine-tuningDeep Learning

A machine learning approach where the model finds hidden patterns in data without pre-labeled outputs.

Related:ClusteringAnomaly DetectionSupervised Learning
AI for Business Glossary - Key Terms & Definitions | PiqCue