November 3, 2018

The Future of Data: MindCraft at Lviv Startup Club

The MindCraft team actively participated in an event organized by the Lviv Startup Club, contributing to a vital discussion on the evolving landscape of Data Science.

Our session, titled “Data Preparation, Feature Development, and Stacking Models – Do We Need It in the Era of Deep Learning and End-to-End Networks,” directly addressed the critical question of the continued relevance of traditional data science methodologies in the face of rapid advancements in deep learning and end-to-end network technologies. Andy Bosyi – Co-founder of MindCraft delivered the presentation.

photo from event

The presentation ignited a dynamic dialogue among attendees, focusing on the shifting challenges and potential paradigm shifts within the data science sector. He presented key arguments concerning the enduring necessity of established practices, stimulating insightful debates about the future of data processing and model development.

Main theses:

– Data understanding, cleaning, normalizing is a time-consuming process.

– Can we just add two extra layers of neurons and have all the NN design completed by the ML itself?

– Do we need to combine rule-based and ML models manually or just feed a data corpus to a wide-and-deep model

– Practical cases with understanding what goes on inside the neural network in case of end-to-end learning on a dirty data

– Principles of how the dirty data behaves INSIDE the network, how we can spend hours and days just resolving 1 + 1.

MindCraft’s involvement at the Lviv Startup Club event underscored our company’s dedication to remaining at the vanguard of data science innovation and fostering a continuous exchange of knowledge regarding the industry’s swift transformation. The event served as a valuable platform for industry professionals to share perspectives and explore the implications of cutting-edge technologies.

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