Generating value from data
We are digital transformation consultants. Turner explains that he helps clients understand what solutions are out there, mapping opportunities to those solutions, and — crucially — building them. Data and AI are at the center of his role and he is excited about the opportunities organizations have to generate value from existing data.
Organizations have already collected and stored data. And they're wondering what to do with it. That's where the fun begins. We model against that data asking: Is it predictive of what we want to look at? Is it giving us answers that we can trust? Now, with GenAI we have a whole new set of tooling that we can apply to those kinds of questions.
Cameron Turner, who became VP of Data Science at Kin + Carta in 2020.
Valtech acquired Kin + Carta in April 2024.
The blend of predictive AI and generative AI
Turner describes how we’ve “graduated over the years from systems that were purely analytics” to machine learning and AI. AI is an umbrella concept that includes natural language processing (NLP), supervised learning, unsupervised learning, and large language models (LLMs) that work with vast datasets — including semistructured data.
While GenAI focuses on creating new content, predictive AI forecasts future outcomes by analyzing historical data. Though the math and source data may be different for each, these two AI approaches are interconnected; we can now build GenAI systems that create recommendations, which in turn become new content in the generative cycle.
Generative and predictive AI are really starting to spark the imagination. We’ve gone beyond the threshold of the Turing test. People are starting to see the value of systems that can generate compelling content to solve real business needs.
Cameron Turner