Humans excel at causal reasoning, however our "neurological machinery" has limitations especially when trying to make decisions in situations of elevated risk, complexity and uncertainty: in these circumstances we resort to biases, emotion and heuristics.
Artificial Intelligence can provide predictions or classifications but is far from being “intelligent” in the human sense. However, good news for us dumb humans, the emerging discipline of Decision Intelligence (DI) seeks to overcome both the constraints of the human brain and the cognitive limitations of AI
At Data Innovation.Ai we have created an Ideas think tank where we will explore innovative ideas, applying Decision & Artificial Intelligence with Machine Learning technology to create ground breaking innovative commercial products.
We are looking for great ideas to be considered for processing through our DecisionLab. Any idea is considered and this process will seek to test the idea as its suitability for applying advanced automated intelligence techniques.
Requests can come from anywhere; graduates, data scientists, technologists, government and industry challenges, and ideas from within Data Innovation.AI and Partners.
If the idea is accepted we will fund, or seek funding, to progress the concept through our DecisionLab process.
One major advantage here is we don't necessarily need to wait for the next "funding window" available through Innovation startup grants.
Innovation doesn't happen to fixed timescales.
Into this stage, funding will have been secured to establish R&D and take the concept through TRL1-3, often creating industrial and market research, prototyping, proof of concept and testing.
Successful outcomes up to TRL3 will move the project through to a TRL4-6 cycle, again often with new or additional funding, with these stages achieving advanced prototype development, real world pilot, product development planning, pre-commercialisation activities and potentially early commercial product adoption.
Successful conclusion of the DecisionLab process will achieve a sustainable and realistic business plan, a first release TRL9 product and established route to market.