There is enormous potential for AI to support more and more decision areas, and buy-in from decision makers is more likely when users see it working well. Here’s one solution leaders are turning to for results Credit: GfK In business, data science and artificial intelligence are usually geared towards powerful efficiencies and growth. User trust is often overlooked. This can quickly morph into a major problem, particularly when AI is introduced to support strategic choices. Data science and AI teams focus constantly on methodology and accuracy. This is critical, ensuring algorithms deliver valuable insights, analytics and support increased automation. Nevertheless, most organizations face growing problems around users’ trust in algorithms. On the one hand, the quality of automated analysis is not clearly understood, and on the other, there is a perceived threat of machines making people’s own expertise redundant. This has become a particular difficulty in a crucial area of AI: decision support. “The moment that models start guiding strategic decisions, there is a shift in requirements,” explains René Traue, senior data scientist at the market intelligence and consultancy firm GfK. “Users must be able to deeply trust the applications. They have to find them indispensable when making major choices. If not, they can end up walking away from them.” Building confidence In order to overcome this issue, the applications running AI algorithms must be designed to build confidence in the outcomes. “Think of a decision support system as being like an assisted driving car. That car might automatically brake if you get too close to the driver in front, or correct the steering if you drift lane. However, many people would not be happy to go straight into trusting the automation to take control in this way: first they need to gain confidence in the quality of the support system,” Traue explains. Carmakers have acted by adding warnings when their cars are about to self-brake, or ensuring drivers keep ultimate control through the steering wheel when any correction is being made. “Drivers can then increasingly trust the car to make the right decisions. They can stop instinctively ‘fighting it’ and allow the automation to work,” Traue says. “It’s the same idea in business. Decision support must be applied in a very transparent way, allowing the user to keep a key level of control at first, while the system proves itself to be consistently good and helpful.” There is an additional key requirement: company strategists expect to receive clear evidence from the system to back up any actions advised. Respecting limits GfK’s own decision support system, gfknewron, informs decisions in contexts including forecasting sales, setting prices, making brand decisions, and scenario testing, to name just a few. “We remain acutely aware of the importance of getting our solutions right, so we are completely focused on what works and what the limitations are,” Traue explains. This includes ensuring any analytical conclusions are not only built on extensive data, but also run through a rigorous quality assurance process. GfK’s system examines all results, and flags or even suppresses any that have possible quality problems – allowing GfK’s human experts to review and accept or correct, as necessary. This is a critical area of investment, to avoid any risk of sending out potentially misleading guidance. “gfknewron is designed so that people can understand the rationale for the recommendations it gives them. We constantly assess the algorithms, using not only our data scientists but also – and increasingly – our specialist MLOps analysts, who continuous monitor the validity and accuracy of our models,” he says. “We want to help decision makers trust the utter reliability of gfknewron in accelerating good choices and freeing up their time.” In addition, the company encourages radically transparent feedback from users. Eliminating complexity Just as one negative experience can make people avoid an AI-powered decision support system altogether, a beneficial experience tends to result in increased trust. There is enormous potential for AI to support more and more decision areas, when users see it working well. Traue concludes: “The world is becoming so complex. Tech and consumer brands may be managing multiple products, distribution channels, promotion campaigns, and marketing channels at any one time. When decision-makers have trustworthy AI to cut through this complexity and data, they can focus their time on identifying the best option from the recommendations, to develop a competitive advantage in the market.” To find out more about gfknewron, visit www.gfk.com/products/gfknewron Related content brandpost Sponsored by GfK The Method That Differentiates Companies Hitting Their Long-Term Goals Businesses are all-too-often hindered by a disconnect between their overall strategic aims and the daily work being focused on by teams on the ground. Several have switched to a more methodical and connected approach, increasing success rates dramati By Harshal Rathee, agile coach at GfK 17 Aug 2022 4 mins Business Operations brandpost Sponsored by GfK 5 Secrets to Outcome-Driven Business Speed Many companies are stuck driving outputs instead of outcomes. They find themselves feeling busy but seeing results stagnate. In our company, we’ve made big changes to ensure we quickly drive what matters most. Here’s how. By Sorabh Kalra, Agile Coach at GfK 02 Aug 2022 5 mins Business Process Management Business Operations brandpost Sponsored by GfK How to Master the Art of Collaboration Collaboration is far more than people just working together. To make it truly effective, businesses need a culture that directly fosters trust. TzeLin Kui, senior agile coach at the market intelligence firm GfK, explains the key steps to ensure all s By Victoria Tyszkiewicz 02 Aug 2022 4 mins Business Business Process Management Business Operations brandpost Sponsored by GfK To Improve Tech Diversity, Go Beyond Obvious Qualifications For GfK, a traditional approach to tech recruitment meant potentially overlooking an enormous talent pool. Their new approach helps them find talent with abundant potential, new ideas, and fresh thinking. By Victoria Tyszkiewicz 21 Jul 2022 5 mins IT Leadership PODCASTS VIDEOS RESOURCES EVENTS SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe