AI applied on alternate, external sources of data to provide significantly better results, especially when there is no formal source of credit history
Artificial Intelligence (AI) has become a buzzword now, however, it is an area of technology and domain knowledge that has been developing for decades. It has been called by different terms including, neural networks, data science, cognitive systems, etc, over the years. AI basically involves making a computer ‘think’ like a human being. Trying to make it learn by itself. The computer is programmed to learn from data and responses it gets over time, and to fine tune its own response based on that learning. The uses of this technology can be quite broad based, from planning, recognising objects or sounds, speech or even writing poetry.
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Speaking about the EDGE
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