AI-Driven Modeling: From Concept to Implementation

AI-Driven Modeling: From Concept to Implementation

Naga Ramesh Palakurti, Saydulu Kolasani
DOI: 10.4018/979-8-3693-2909-2.ch005
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Abstract

This chapter embarks on a comprehensive exploration of the dynamic landscape of AI-driven modeling, tracing the journey from conceptualization to practical implementation. The narrative unfolds by elucidating the foundational concepts underpinning AI-driven modeling, providing a nuanced understanding of the principles that drive its transformative power. From machine learning algorithms to deep neural networks, the chapter navigates through the diverse array of modeling techniques, offering insights into their strengths, limitations, and real-world applications. Moving beyond theoretical considerations, the chapter delves into the practical aspects of implementing AI-driven models. Through a series of case studies and examples, readers gain valuable insights into the intricacies of model development, training, and optimization. The exploration extends to model interpretation and explainability, addressing the critical need for transparency in AI-driven decision-making.
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1. Introduction

In the fast-evolving realm of artificial intelligence (AI), the integration of AI-driven modeling has emerged as a transformative force, reshaping the way we conceptualize and implement models across diverse domains (Long, 2023). This introduction serves as a compass, guiding readers through the intricate landscape of AI-driven modeling, tracing the journey from foundational concepts to practical implementation, and highlighting the ethical dimensions that underpin responsible AI deployment (Sarker, 2022).

  • 1.

    The Foundation of AI-Driven Modeling: At the heart of AI-driven modeling lies a rich tapestry of foundational concepts that form the bedrock of its transformative capabilities. From classical machine learning algorithms to the sophisticated architectures of deep neural networks, the chapter begins by unraveling the theoretical underpinnings that empower AI models to analyze complex patterns, learn from data, and make informed predictions. A nuanced exploration of these concepts sets the stage for a deeper understanding of the modeling techniques that drive innovation in the field (Bariah & Debbah, 2024).

  • 2.

    Diverse Modeling Techniques: As the narrative unfolds, we navigate through the diverse array of modeling techniques that define the landscape of AI-driven modeling. From regression and classification to clustering and reinforcement learning, each technique is dissected to reveal its unique strengths, applications, and considerations. Real-world examples showcase how these techniques translate theoretical concepts into practical solutions, providing readers with a comprehensive view of the modeling toolbox at their disposal (Huang et al., 2021; Jeon et al., 2021; Lin et al., 2023; Magoula et al., 2024; Tipaldi et al., 2020).

  • 3.

    Practical Implementation: The transition from theory to practice is a pivotal phase in the journey of AI-driven modeling. This section takes readers on a guided tour of practical implementation, exploring the intricacies of model development, training, and optimization. Through a series of illuminating case studies, we witness the real-world application of AI-driven models across diverse industries, uncovering the challenges faced and the solutions devised in the pursuit of model excellence. The exploration extends to the crucial aspects of model interpretation and explainability, addressing the imperative for transparency in AI-driven decision-making (Benzaid & Taleb, 2020; John et al., 2023; Khang et al., 2023; Wan et al., 2020).

  • 4.

    Interdisciplinary Collaboration: AI-driven modeling is a collaborative endeavor that thrives on the synergy between domain experts and data scientists. This part underscores the interdisciplinary nature of model development, emphasizing the importance of effective communication and collaboration. By fostering a shared understanding between those well-versed in the intricacies of specific industries and data science professionals wielding the tools of AI, models are refined to align seamlessly with the unique needs and objectives of diverse domains (Merritt et al., 2022).

  • 5.

    Ethical Dimensions of AI-Driven Modeling: The integration of AI into decision-making processes raises ethical considerations that demand careful examination. This section explores the ethical dimensions of AI-driven modeling, addressing issues such as bias mitigation, fairness, and the responsible use of AI technologies. By acknowledging the ethical implications, the chapter advocates for a framework that ensures the ethical deployment of AI-driven models, fostering trust and societal acceptance (Zsidai et al., 2023).

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