Washington D.C. – Starling’s Founder and CEO, Stephen Scott, will speak at the Milken Institute Global Conference during a session entitled, “Big Data: The Next Frontier in Risk Management.” The Milken Global Conference, which attracts 3,500 attendees from over 60 countries, brings together the leading minds in business, government, technology, philanthropy, academia, and media to find actionable, collaborative solutions to some of the most important questions of our time.
The panel overview is as follows: Human bias is a notorious hindrance to effective risk management, and humans have long relied on machines to help them compensate for these errors. In particular, algorithmic, rules-based decision-making has done much to limit human bias in risk analysis. Machine learning is now lifting this work to the next level by uncovering trends and correlations heretofore unknown — and unknowable — and by enabling real-time access to high-frequency data. CEOs from innovative big data companies will reveal some of the most exciting new discoveries and applications of this sophisticated technology.