AWS Startups Blog

Category: Amazon Machine Learning*

A screenshot of the Visipedia Bird app.

Caltech’s Pietro Perona on how deep learning can help you classify birds and trees

Imagine, for a moment, that you discover an irregular mole on yourself. Whereas nowadays you still need to take time to schedule a dermatological appointment and then wait weeks to get your test results, Caltech Professor Pietro Perona is eagerly awaiting the day when you can snap a picture of the mole with your smartphone and then learn instantaneously if it’s dangerous or not. And he should know. As the co-creator, with Cornell Tech Professor Serge Belongie, of the AI and machine learning-based visual classification system Visipedia, Perona has spent the past seven years working on a “switchboard” that lets anyone, everywhere ask questions and immediately obtain an answer.

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João Menano on Expanding Credit Opportunities with AI

James CEO João Menano on expanding credit opportunities with AI

Assigning credit risk to people who apply for business loans, credit cards, and home mortgages has mostly been done by weighing some 10 or 20 attributes. Take those attributes—and we’re all familiar with some of the things that make our credit scores rise and fall, including timeliness of payments, debt to income ratio, and defaults—and crank them through your favorite logistic regression model or scorecard. The result is your assigned credit risk, and depending on the number, you either get your loan or you don’t.

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