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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

Instead of continuing to deploy their attention optimization algorithms for their users’ and suppliers’ benefit, the tech giants began to use them to favor themselves. From 2000 to 2011, the percentage of US adults using the internet had grown from about 60% to nearly 80%. But over time, something went very wrong. Available at: [link].

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Cathay Pacific to take cloud journey to new heights

CIO Business Intelligence

Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Enhanced automation and self-service will also be emphasized as part of the cloud optimization strategy, Nair says.

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What is ITIL? Your guide to the IT Infrastructure Library

CIO Business Intelligence

In 2011, another update — dubbed ITIL 2011 — was published under the Cabinet Office. The five volumes remained, and ITIL 2007 and ITIL 2011 remained similar. ITIL v3 was released in 2011, under the Cabinet Office, bringing updates to the 2007 version published under OGC.

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Running Code and Failing Models

DataRobot

Along the way, I have uncovered cases where the research was published with faulty methodologies. Their code attempted to create a validation test set based on a prediction point of November 1, 2011. The following figure shows the Python code and how it led to data after November 2011. See the source for this graphic.).

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The Growing Importance Of Data Collection For Customer Service

Smart Data Collective

Back in 2011, my colleagues and I first started discussing the evolving standards of customer service in business. Freshdesk published an article on the importance of big data in customer service. Big data is crucial to customer service optimization. Fewer experts have emphasized the significance of big data.

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Automating Model Risk Compliance: Model Development

DataRobot Blog

It has been over a decade since the Federal Reserve Board (FRB) and the Office of the Comptroller of the Currency (OCC) published its seminal guidance focused on Model Risk Management ( SR 11-7 & OCC Bulletin 2011-12 , respectively). This sentiment is also captured in the guidance provided by SR 11-7: .

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When models are everywhere

O'Reilly on Data

Infinite Jest was published in 1996, just as the modern Web was coming into being. The Entertainment” is not the result of algorithms, business incentives and product managers optimizing for engagement metrics. YOUTUBE, CONSPIRACY, AND OPTIMIZATION.

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