Everyday there is a new package or algorithm to use- it can be hard to determine what is useful and what is only hype. The speakers offer a practical roadmap and checklist to help you cut through the hype and focus on developing useful ML products.
FOMO is the fear of missing out. FOBO is similar- the fear of a better option. FOBO gives a name to that spiral we fall into when we obsessively research every possible option when faced with a decision, fearing we’ll miss out on the “best” one.
When starting a new machine learning project, just the thought and the reality that we'll never be able to examine every possible algorithm, package, tool and/or technology before making a decision can be overwhelming and it can easily block us. What if we make the wrong decision and don't bring enough value? What if what we choose to use isn't "state-of-the-art"?
The first solutions that come to mind are often the “most-hyped” options, for example DL, although those are not always the best fitting ones. How should you decide what to use?
We will present a practical roadmap to guide your Data Science projects: What to focus on first (probably, it’s cleaning data and feature engineering), which algorithms to try first (hint: not NNs!!) and tips for convincing business leaders to focus on what works, not on the hype.
Algorithms, Business & Start-Ups, Data Science, Machine Learning
Domain Expertise:some
Python Skill Level:basic
Abstract as a tweet:Is FOBO (Fear Of Better Option) preventing you from delivering practical ML products? Join 'Avoiding ML FOBO' to learn tips for cutting through the hype.