
Quants see promise in Bayesian machine learning
Risk USA: probability theory may hold key to creating ‘self-aware’ AI

A 250-year-old mathematical theory could be used to create ‘self-aware’ machine learning systems that understand when they are out of their depth, according to a panel of senior quants.
Bayes’ theorem, named after the 18th century UK mathematician Thomas Bayes, is widely used to infer the probability of a hypothesis holding true as more information becomes available.
“The Bayesian paradigm allows you to actually get a hint that maybe the data the model has been trained on is not relevant
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk management
Risk Management
Banks relieved as EBA punts on dual-track stress tests
Hybrid approach for 2023 will see top-down models used to project net fee and commission income only
Receive this by email
Most read on Risk.net
- People moves: BNP Paribas reshuffle, Tradeweb gains Pluta, and more
- Buy-side retreats to ‘dirty’ CSAs amid collateral crunch
- Pick a lane: Anna DSB to rival CDM coded swaps reporting?
- Esma warns new foreign clearing house rules could backfire
- Banks begin China close-out netting work after Isda opinion