What is the Business Value of ChatGPT and other Large Generative Language Models?

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OpenAI’s GPT models, such as Davinci and ChatGPT, have gained recognition for their impressive language generation abilities. However, many of the tasks that GPT models can perform are not entirely new and could have been accomplished by traditional neural network models for some time. In specific tasks such as sentiment analysis, more specialized models could … Read more

Customer Churn Prediction – Understanding Models with Feature Permutation Importance using Python

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Customer retention is a prime objective for service companies, and understanding the patterns that lead to customer churn can be the key to maintaining long-lasting client relationships. Businesses incur significant costs when customers discontinue their services, hence it’s vital to identify potential churn risks and take preemptive actions to retain these customers. Machine Learning models … Read more

Classifying Purchase Intention of Online Shoppers with Python

Customer Purchase Intention Prediction Python Machine Learning

Online shopping has become a part of our daily lives, and online stores are continually seeking to improve their sales. One way to achieve this is by using machine learning to predict customers’ purchase intentions. This innovative process can help businesses understand their customers’ behavior and tailor their marketing strategies accordingly. In this article, we … Read more