AI Is Not Just For The Big Boys

Generative AI can enhance supply chain planning solutions, but the core of these solutions relies on statistical modeling and machine learning, according to Steve Banker, a Forbes contributor. GenAI improves explainability, helping users understand why AI models make decisions.

AI Is Not Just For The Big Boys By Steve Banker, ContributorSource: Forbes Innovation https://www.forbes.com/innovation/ Generative AI /glossary/generative-ai can enhance supply chain planning solutions, but the heart of these solutions is statistical modeling and machine learning /glossary/machine-learning . GenAI improves explainability /glossary/explainability . Get AI news in your inbox Daily digest of what matters in AI. Key Terms Explained Explainability The ability to understand and explain why an AI model made a particular decision. Generative AI AI systems that create new content — text, images, audio, video, or code — rather than just analyzing or classifying existing data. Machine Learning A branch of AI where systems learn patterns from data instead of following explicitly programmed rules.