Is There a Future for Stochastic Modeling in Business and Industry in the Era of Machine Learning and Artificial Intelligence?

IF 1.5 4区数学 Q3 MATHEMATICS, INTERDISCIPLINARY APPLICATIONS Applied Stochastic Models in Business and Industry Pub Date : 2025-03-10 DOI:10.1002/asmb.70004

Fabrizio Ruggeri, David Banks, William S. Cleveland, Nicholas I. Fisher, Marcos Escobar-Anel, Paolo Giudici, Emanuela Raffinetti, Roger W. Hoerl, Dennis K. J. Lin, Ron S. Kenett, Wai Keung Li, Philip L. H. Yu, Jean-Michel Poggi, Marco S. Reis, Gilbert Saporta, Piercesare Secchi, Rituparna Sen, Ansgar Steland, Zhanpan Zhang

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Abstract

The paper arises from the experience of Applied Stochastic Models in Business and Industry which has seen, over the years, more and more contributions related to Machine Learning rather than to what was intended as a stochastic model. The very notion of a stochastic model (e.g., a Gaussian process or a Dynamic Linear Model) can be subject to change: What is a Deep Neural Network if not a stochastic model? The paper presents the views, supported by examples, of distinguished researchers in the field of business and industrial statistics. They are discussing not only whether there is a future for traditional stochastic models in the era of Machine Learning and Artificial Intelligence, but also how these fields can interact and gain new life for their development.

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在机器学习和人工智能时代，随机建模在商业和工业中有未来吗？

本文源于商业和工业中应用随机模型的经验，这些年来，越来越多的贡献与机器学习有关，而不是作为随机模型的目的。随机模型的概念（例如，高斯过程或动态线性模型）可能会发生变化：如果不是随机模型，深度神经网络是什么？本文介绍了在商业和工业统计领域的杰出研究人员的观点，并以实例加以支持。他们不仅在讨论传统随机模型在机器学习和人工智能时代是否有未来，还在讨论这些领域如何相互作用，并为它们的发展获得新的生命。

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来源期刊

Applied Stochastic Models in Business and Industry 数学-数学跨学科应用

CiteScore

2.70

自引率

0.00%

发文量

审稿时长

>12 weeks

期刊介绍： ASMBI - Applied Stochastic Models in Business and Industry (formerly Applied Stochastic Models and Data Analysis) was first published in 1985, publishing contributions in the interface between stochastic modelling, data analysis and their applications in business, finance, insurance, management and production. In 2007 ASMBI became the official journal of the International Society for Business and Industrial Statistics (www.isbis.org). The main objective is to publish papers, both technical and practical, presenting new results which solve real-life problems or have great potential in doing so. Mathematical rigour, innovative stochastic modelling and sound applications are the key ingredients of papers to be published, after a very selective review process. The journal is very open to new ideas, like Data Science and Big Data stemming from problems in business and industry or uncertainty quantification in engineering, as well as more traditional ones, like reliability, quality control, design of experiments, managerial processes, supply chains and inventories, insurance, econometrics, financial modelling (provided the papers are related to real problems). The journal is interested also in papers addressing the effects of business and industrial decisions on the environment, healthcare, social life. State-of-the art computational methods are very welcome as well, when combined with sound applications and innovative models.