ACCT 331 WEEK 11
ACCT 331: INTRODUCTION TO APPLIED ARTIFICIAL INTELLIGENCE
Class Schedule:
Location: Schreiber #302
Days: Tuesday & Thursday
Time: 1:00 - 2:15
Course Code: 10304
Course Overview
AI is Not Magic, It’s Mathematics
Emphasizes the mathematical foundations underpinning AI technologies.
Highlights the importance of understanding algorithms and computational models.
Schedules and Topics
Week 1: Introduction to Artificial Intelligence
Overview of AI concepts and applications.
Important Dates:
Exam #2: Week 12 on 11/13/25
Final Exam: Weeks 12-14 on 12/12/00/25
AI Courses You Can Use
Offered by Google DeepMind:
Build Your Own Small Language Model
Duration: 6 hours
Fundamentals of language models and machine learning basics.
Train a Small Language Model (Challenge Lab)
Duration: 1 hour 30 minutes
Focus on developing tools and data preparation.
Represent Your Language Data
Duration: 4 hours
Preparation of text data for language modeling.
Design And Train Neural Networks
Duration: 4 hours
In-depth focus on the training process for machine learning models.
Discover The Transformer Architecture
Duration: 4 hours
Mechanisms and applications of the transformer architecture.
AI Research Foundations
Course covering foundational knowledge for AI research.
News You Can Use
Industry Updates
JPMorgan Chase's AI Investment
Jamie Dimon states a $2 billion investment in AI has paid for itself.
Investment leads to operational savings across various business lines.
KPMG Examining AI Usage
AI tool usage will impact annual performance reviews for employees.
All employees assessed on how they integrate AI tools into their work.
Rising Tech Investments
Chart showing an increase in annualized capital expenditures across big tech companies like Meta and Microsoft.
Notable growth in data centers construction spending as well.
Usage Growth for ChatGPT
ChatGPT projected growth in user metrics, indicating significant adoption in various sectors.
Implications of AI on Employment and Industry
Many industries, such as financial services and consulting, are seeing transformative changes in operations and employee roles due to AI.
Major firms are increasing pressure on staff to incorporate AI tools for efficiency and performance growth.
Deep Learning, LLMs and Generative AI Applications in Business
Week 10
Tuesday: Introduction to deep learning.
Thursday: Foundations of deep learning.
Data pipeline and self-supervised learning techniques.
Introduction to Large Language Models (LLMs).
Week 11
Tuesday: Further exploration of LLMs and their first principles.
Thursday: Focus on Generative AI (GenAI), transformers, and evaluation metrics.
Understanding Large Language Models
Definition and Functionality
Language Models (LMs): Use AI to predict subsequent words in a sentence based on contextual understanding.
Example: Asking a question to a search engine results in predictive text responses.
Self-Supervised Learning (SSL): A technique for training without labeled data, where algorithms learn from automatic data modifications to create labels dynamically.
Importance in AI Development
Understanding the nature and application of language models is essential for effective AI systems.
Capable of profoundly impacting fields like natural language processing (NLP), including applications in marketing, customer service, and knowledge management.
Potential Benefits and Business Value of LLMs
Cost Reduction: Automates repetitive tasks leading to significant savings (70-85%).
Revenue Growth: New product capabilities and personalized experiences increase conversion rates by 15-30%.
Efficiency: Accelerates knowledge work and decision-making processes, resulting in 40-60% time savings.
Technical Foundations
Architecture of LLMs relies heavily on transformers, which enhance understanding and processing of language through mechanisms like attention.
Attention Mechanism: It allows the model to weigh the importance of different words based on their relevance.
Training Process for LLMs
Involves several stages including tokenization, embedding, self-attention, multi-head attention, and residual connections to achieve rich context-aware representations.
Real-World Applications of AI and GenAI
Case Examples
Customer Service Automation: Utilized LLMs to improve response accuracy significantly.
Content Generation: Hybrid evaluation frameworks adopted for brand consistency in AI-generated content.
Knowledge Management: Enhancements in internal knowledge retrieval systems boosted performance metrics.
Conclusion and Future Directions
Challenges Ahead
Ethical implications, biases in AI outputs, and the need for model interpretability are ongoing challenges.
Requirements for continual adaptation and evaluation of AI systems to enhance understanding and mitigate risks.
Summary
The course emphasizes the mathematical, structural, and practical implications of Applied Artificial Intelligence from a holistic viewpoint, preparing students for a future where AI is intricately tied to business success.