AI and Business

 AI’s Potential Boon to Businesses

USC Viterbi School of Engineering, Greg Hardesty, January 19, 2022

E-commerce companies can more efficiently organize products and help customers find what they want with artificial intelligence created by researchers at Yahoo and the University of Southern California's Viterbi School of Engineering (USC Viterbi). USC Viterbi's Mayank Kejriwal said the Taxonomy Induction over Concept Labels (TICL) algorithm enables Web-based companies to quickly and inexpensively build a customizable taxonomy (classifying data into tree-like structures) from thousands of product labels "in seconds," and these trees "are of similar quality to any that you might be able to build." Said Kejriwal, "Systems like TICL do the drudgery of organizing our information for us so we can focus on creative and strategic tasks that are, frankly, more fun," he said.