CDU expert advocates for XAI to predict Australia's unemployment rate

Charles Darwin University

Who: Charles Darwin University Computational and Artificial Intelligence Expert Associate Professor Niusha Shafiabady

Topics:

  • Unemployment rate forecasters got it wrong last week when the rate in April rose to 3.7% after it was forecast to remain at 3.5%. Could AI could be the answer to better forecast future rates?
  • The role of Artificial Intelligence to do more accurate forecasts through modelling.
  • The limits in AI forecasting and its use in cybersecurity to identify potential threats, defence and nation's safe keeping, enhancing healthcare services and saving lives, polling, improving business KPIs and saving money, making better decisions faster especially when many decision-factors are involved, better controlling of the bushfires and saving the environment by predicting potential industry hazards.
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