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What Does a Training Data Market Mean for Authors?

What Does a Training Data Market Mean for Authors?

If any text can be training data for a Large Language Model, then any text is a training dataset that can be valued through a market for training data.  Which datasets have high value? Wikipedia, StackOverflow, Reddit, Quora are examples that have value for different reasons, that is, because they can be used to train…

Limits of Explainability in AI Built Using Statistical Learning

Limits of Explainability in AI Built Using Statistical Learning

How good of an explanation can be provided by Artificial Intelligence built using statistical learning methods? This note is slightly more complicated than my usual ones.  In logic, conclusions are computed from premises by applying well defined rules. When a conclusion is the appropriate one, given the premises and the rules, then it is said…

Value of Competence

Value of Competence

If competence shortens learning, then its value is proportional to the cost of learning, that is, of iterations that would have been needed to achieve the effects of competence, but without having access to it.

Choice in Absence of Utility and Probability Estimates

In expected utility models, utility quantifies preferences, probability quantifies uncertainty. Sounds simple, elegant, but tends to be expensive. What if options can be identified, but there is no information about preferences or uncertainty in a format that can be translated into, respectively, utility and probability? What is an alternative decision process, which is still structured…