Enhance Model Monitoring and Governance with Model-Less AI

John Emmert

Enhance Model Monitoring and Governance with Model-Less AI. Howso Global Head of Sales, John Emmert.
Model-less AI

Downfalls of Current ML Techniques

Lack of Transparency

Model Drift

Bias & Fairness

Compliance Issues

Introducing Model-Less AI

Improved Transparency

Enhanced Detection of Anomalies

Robust Validation

Adaptive Governance

The flexibility of model-less AI allows for continuous adaptation and improvement of the monitoring system, ensuring that governance policies remain effective even as data and models evolve. This adaptability is crucial for maintaining robust AI governance in a rapidly changing environment.

Practical Implementation and Case Studies

Case Study: Financial Services

In the financial services industry, model-less AI has been used to monitor credit risk models. By employing techniques like nearest neighbors, the institution could detect shifts in data patterns that indicated model drift. This early detection allowed for timely model updates, ensuring continued accuracy and compliance with regulatory standards.

Case Study: Healthcare

In healthcare, ensuring the fairness and accuracy of diagnostic models is critical. Model-less AI methods have been used to cross-check ML models for biases and inconsistencies. For instance, decision trees have helped identify and correct biases in predictive models for disease risk, leading to fairer and more reliable healthcare outcomes.

Case Study: Retail

In the retail sector, demand forecasting is crucial for inventory management and sales strategies. Model-less AI has been deployed to validate the predictions of traditional ML models used for forecasting. Techniques like kernel density estimation help identify anomalies in sales data, ensuring that inventory levels are adjusted accurately to meet real-time demand without overstocking or understocking.

Case Study: Telecommunications

Telecommunications companies often rely on ML models to predict customer churn. Model-less AI can be used to cross-check these predictions, ensuring that the models accurately identify at-risk customers. By utilizing methods like nearest neighbors, telecom providers can gain a deeper understanding of churn patterns and implement more effective retention strategies.

Case Study: Manufacturing

In manufacturing, predictive maintenance is essential to minimize downtime and optimize production. Model-less AI has been used to enhance the monitoring of predictive maintenance models. Decision trees and nearest neighbors techniques help identify early warning signs of equipment failure, allowing for timely interventions and reducing the risk of unplanned outages.

Conclusion

By adopting model-less AI for cross-checking standard ML models, we pave the way for a new era of trustworthy and accountable AI systems. Model-less AI not only addresses the transparency, drift, bias, and compliance challenges inherent in traditional ML models but also provides a flexible and adaptive approach to AI governance. As we continue to advance in the field of AI, integrating model-less AI techniques will be crucial for building robust, fair, and transparent AI systems that stakeholders can trust.

If you’d like a deeper dive into how model-less AI can enhance your organization’s data & AI practices, schedule time to chat with a Howso expert here. Ready to see Howso for yourself? Access Playground here.