40-year-old AI innovation may solve your big data problems

Image: iStock I often come across data science teams that are fascinated by deep learning, compressive classification, and self-driving cars, and that are eager to employ the algorithm du jour. For instance, I was recently working with a large financial institution on increasing its cybersecurity and, before we even got started with basic monitoring, a data scientist on my team was talking about k-means clustering and neural networks. We must always remember to understand the problem and opportunity first, and then apply the right system or algorithm. Sometimes self-learning neural networks may be the best alternative; however, sometimes you’ll have to go with a classic: the expert system. An expert system is a rule-based engine based on the collective wisdom of experts. It’s one of the oldest innovations in artificial…

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