What techniques can you use to balance speed and accuracy in machine learning projects?
Machine learning projects can be challenging to manage, especially when you need to deliver fast and accurate results. How can you optimize your workflow and avoid common pitfalls that compromise the quality or efficiency of your models? In this article, you will learn some practical techniques that can help you balance speed and accuracy in machine learning projects.
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Tavishi Jaglan3xGoogle Cloud Certified | Data Science | Gen AI | LLM | RAG | LangChain | ML | Mlops |DL | NLP | Time Series Analysis…
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Mohammed BahageelData Scientist / Data Analyst | Machine Learning | Deep Learning | Artificial Intelligence | Data Analytics…
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Hamidreza Haddad Ph.DData Analyst and BI developer
Before you start building your models, you need to have a clear idea of what you want to achieve and how you will measure your success. Define your business problem, your target audience, your expected outcomes, and your evaluation criteria. This will help you narrow down your scope, choose the most relevant data sources, and select the best algorithms and techniques for your task. It will also help you avoid unnecessary complexity, overfitting, or underfitting your models.
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Paresh Patil
LinkedIn Top Data Science Voice💡| 5X LinkedIn Top Voice | ML, Deep Learning & Python Expert, Data Scientist | Data Visualization & Storytelling | Actively Seeking Opportunities
In the ever-evolving field of machine learning, speed and accuracy often sit on opposite ends of the seesaw. A critical first step to striking a balance is setting crystal clear objectives. What's the project's mission? Is it rapid real-time analysis, or a deep, meticulous insight extraction? Your answer will drive your approach. Next, select pertinent metrics. If speed is essential, focus on time-sensitive metrics; if accuracy is paramount, precision and recall become your best friends. From my experience, this early groundwork paves the way for smoother project execution. It helps in aligning the team's efforts and ensuring that the compromises made in speed don't drastically affect the desired output quality or vice versa.
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Ranadeep Singh
🤖 AI & Data @ StubHub | Gen AI @ Carnegie Mellon 🧑🎓 | Machine Learning Software Engineer
It can be incredibly daunting looking at an abstract goal of “Achieving X with AI” Breaking it into parts like: - what features are needed - can the AI part be black boxed and broken down into further parts? - what is the outcome needed from the AI model. Eg.. Reduce deployment failures from 10% to 0.1% is a solid metric to go with Some tools I’ve used for this generally follow the AGILE method: - Breaking the task into features, epics, and tasks - Defining a timeline with engineering effort - prioritizing small iterative efforts that build towards the larger goal
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Parth Shah
Institute Associate Scientist II at MD Anderson Cancer Center
Defining clear objectives and metrics is essential in balancing speed and accuracy in machine learning projects. This approach ensures focused efforts and optimal resource allocation, avoiding aimless experimentation. Specific metrics like accuracy, precision, and computational efficiency guide objective progress assessment, enabling quicker, informed decisions on model adequacy. This strategy speeds up the development cycle and ensures the model's alignment with real-world performance goals.
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Tavishi Jaglan
3xGoogle Cloud Certified | Data Science | Gen AI | LLM | RAG | LangChain | ML | Mlops |DL | NLP | Time Series Analysis | Mentor
Begin your machine learning project by setting clear goals and defining how you'll measure success. These objectives act as a roadmap, ensuring you focus on what matters. Metrics help track progress, like accuracy or efficiency. Having a clear vision guides your efforts and balances the need for speed and accuracy.
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Cary Cox, Ph.D.
Principal Data Scientist at Maxar Technologies | AI + Computer Vision + Consulting + Client Impact | Leading Cross-Functional Teams
I'd offer a complementary perspective. The core of most data science deliveries can be broken down into three critical components, known fondly as the 'Iron Triangle of Data Science': - Problem Definition - Data - Modeling After 20+ years of serving on and leading data science teams, I've observed that the most devastating, unfixable problems derive from mistakes made during the Problem Definition phase. As data scientists, we must avoid the temptation to jump immediately to the 'fun' Data and Modeling components after a cursory, often mistakenly high-confidence interrogation of the underlying mission or business Problem. This is a mistake. Dive deep into your client's or end user's true needs. You must get this correct.
Machine learning projects are not linear or predictable. You will likely encounter data quality issues, model performance issues, feedback loops, and changing requirements along the way. To cope with these uncertainties and complexities, you need to adopt agile and iterative methods that allow you to test, learn, and improve your models quickly and continuously. For example, you can use Scrum, Kanban, or CRISP-DM frameworks to organize your tasks, prioritize your features, and deliver incremental value to your stakeholders.
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Hamidreza Haddad Ph.D
Data Analyst and BI developer
One reliable way to use agile and iterative methods is to develop a reinforcement learning framework in our system. This process helps us to provide a feedback based on each distinct input. According to this iterative process, we could monitor all possible sets of inputs and their related outputs and whole of this package could guarantee the accuracy and reliability of system.
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Hila Weisman-Zohar
ML Expert | Fullstack Data Science as a Service | NLP | Recommender Systems
When working in agile environments, it's super crucial that all stake-holders are on the same page when it comes to which components are must haves and which are nice to have, and that you as a data scientist are able to offer concise and visual expalaination to your work. More often than not, your DS work will be hard to communicate without visual tools, so always have a nice graph or bar-plot ready to show your inter-mediate results, always share context to what you're doing and at the start of any new agile project try to present the main concepts of the ML task at hand to everyone on the squad so that they feel knowledgable enough to make thier voice heard and make informed decision in subject matters they might not be experts in..
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Tavishi Jaglan
3xGoogle Cloud Certified | Data Science | Gen AI | LLM | RAG | LangChain | ML | Mlops |DL | NLP | Time Series Analysis | Mentor
Machine learning isn't a one-time task but an ongoing process. To balance speed and accuracy, use an agile and iterative approach. Break your project into smaller, manageable steps, like building blocks. Start with a basic model, then continuously improve it. As you learn more, adapt and refine your model. This method allows you to make progress quickly while maintaining a strong focus on accuracy. It's like building a puzzle, adding one piece at a time until you complete the whole picture.
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Isil Berkun, PhD
LinkedIn Top Voice | Founder of DigiFab AI
Navigating the complexities of machine learning projects calls for an agile mindset, where flexibility isn't just an asset—it's a necessity. Unlike traditional software development, which often follows a linear trajectory, ML is fraught with uncertainties like data quality snags and fluctuating stakeholder demands. Here, agile frameworks like Scrum, Kanban, or CRISP-DM act as vital roadmaps. These methodologies empower teams to rapidly iterate, test, and refine their models, delivering incremental value in the face of ever-changing requirements. In essence, agile practices are the compass by which ML professionals steer through the unpredictable seas of project development.
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Abhishek Kumar, CSPO®
Manager - Data Science and Analytics | Machine Learning, Artificial Intelligence, Generative AI
One thing I've learned in machine learning is to embrace agile and iterative methods. Projects are far from linear; they're filled with unexpected twists, from data issues to shifting requirements. Adopting frameworks like Scrum or Kanban has been a game-changer, helping my team and I stay flexible, prioritize effectively, and deliver value incrementally. It’s about testing, learning, and improving continuously, ensuring we're always moving forward, even in uncertainty. This approach has not only made our projects more manageable but also enhanced our overall model quality and stakeholder satisfaction.
One of the biggest sources of inefficiency and error in machine learning projects is manual and inconsistent processes. You can save time and improve quality by automating and standardizing your data collection, cleaning, preprocessing, analysis, modeling, validation, deployment, and monitoring processes. You can use tools such as pipelines, workflows, scripts, APIs, and cloud services to streamline your operations and ensure reproducibility and scalability of your models.
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Helen Wall
LinkedIn [in]structor for Power BI, Excel, Python, R, AWS | Data Science Consultant
Getting data organized and structured in a way so the model runs efficiently is a key starting point in this process. The model can only run so fast if the data is clean and organized. It's at that point that we want to look at the data tables the algorithm is pulling from to figure out how to optimize them using pipelines or queries to get them in a solid formatting before running the model when it goes into production.
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Favour Ibude
1x GCP | Data Scientist / MLOps Engineer | Al Evangelist | Certified Tech Trainer | Building Intelligent Solutions | Delivered 70+ Solutions
To make machine learning smoother: 1. Don't do everything by hand 2. Use tools to automate and make things consistent. 3. It's like having a robot chef helping you. 4. This saves time, reduces mistakes, and makes your work more reliable. 5. Think of it as following a recipe with a trusted helper.
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Paresh Patil
LinkedIn Top Data Science Voice💡| 5X LinkedIn Top Voice | ML, Deep Learning & Python Expert, Data Scientist | Data Visualization & Storytelling | Actively Seeking Opportunities
Juggling speed and accuracy in machine learning is a dance every data scientist becomes familiar with. A key move in this choreography is automating and standardizing processes. Automation reduces human error and boosts efficiency, turning weeks of manual tuning into mere hours of algorithm-led optimization. Similarly, standardizing processes ensures consistency. When you've got a standardized preprocessing or evaluation routine, it's easier to compare results and make quick, informed decisions. From my encounters in the field, I've seen teams make quantum leaps in productivity just by embracing these two principles. Remember, in the world of ML, consistency is not the enemy of innovation; it's often its foundation.
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Hamidreza Haddad Ph.D
Data Analyst and BI developer
Based on my experience, before automating all process in the organization, it is required to build an integrated model which contains all operational databases. This standard automated integrated model is a Data Warehouse which enables us to run sophisticated queries very easily and with the best accuracy. In this regard, SSIS (SQL Server Integrated Services) and SSAS (SQL Server Analysis Services) are two important tools for ETL, data loading and etc.
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Tavishi Jaglan
3xGoogle Cloud Certified | Data Science | Gen AI | LLM | RAG | LangChain | ML | Mlops |DL | NLP | Time Series Analysis | Mentor
Automation and standardization are like having a personal assistant for your machine learning project. Automation involves using software and scripts to handle repetitive tasks, like data preprocessing or model evaluation. This not only speeds up your workflow but also reduces human errors. Standardization means following a set of established procedures throughout your project, ensuring everyone on your team works in a consistent and organized way. It's like having a well-organized recipe that everyone follows, resulting in a delicious dish every time.
Machine learning is not a one-size-fits-all solution. You need to experiment and compare different models, parameters, features, and techniques to find the optimal solution for your problem. You can use tools such as cross-validation, grid search, random search, Bayesian optimization, or AutoML to tune your models and optimize your hyperparameters. You can also use tools such as A/B testing, multi-armed bandits, or reinforcement learning to compare your models and optimize your policies in real-world scenarios.
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Tavishi Jaglan
3xGoogle Cloud Certified | Data Science | Gen AI | LLM | RAG | LangChain | ML | Mlops |DL | NLP | Time Series Analysis | Mentor
Keep Experimenting with different models and methods. It's like trying different ingredients in a recipe to see what tastes best. This experimentation helps find the right balance between speed and accuracy by comparing the results and choosing the most suitable approach for your specific project.
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Tavishi Jaglan
3xGoogle Cloud Certified | Data Science | Gen AI | LLM | RAG | LangChain | ML | Mlops |DL | NLP | Time Series Analysis | Mentor
In machine learning, experimentation is your playground for finding the right balance between speed and accuracy. Don't settle for the first model you create. Experiment by trying out various algorithms, adjusting parameters, and exploring different data preprocessing methods. Compare these models using well-defined criteria, such as accuracy, precision, or recall. This approach helps you understand which model works best for your specific problem, allowing you to make informed decisions and continuously refine your machine learning project. Think of it as trying on different outfits to find the one that fits and looks the best.
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Shailaja Gupta
Sr. Manager - Data & AI @EY Malaysia || 100+ Analytics, AI & Product Talks @IIMs, DU, Josh Talks, InsideIIM || IIMCom Founder
1. Use algos which are inherently faster (e.g. logistic regression, naive bayes) 2. Feature engineering: If you carefully engineer your features then you will be able to reduce the noise and also achieve speed of algos. 3. Hyperparameter tuning: Grid search and random search can help make the model faster.
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Pritesh Tiwari
Founder of Data Science Wizards | LinkedIn Top Data Science Voice | Chief Data Scientist | Techpreneur | Six Sigma Certified | Data Science |Analytics| AI | ML | NLP | RPA | Digital Transformation | Educator | AI Speaker
Leveraging diverse tools like cross-validation, grid search, and even cutting-edge methods like Bayesian optimization, we sculpt solutions by fine-tuning models and hyperparameters. It's a dynamic journey of exploration and optimization.
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Mohit Kumar
Machine Learning Engineer @ Sirion | LLM + LLMOps, MLOps & Infrastructure
Effective balancing of speed and accuracy in machine learning projects can be achieved by combining automation with strategic experimentation. Automating and standardizing processes accelerates model training and deployment, reducing manual effort and enhancing consistency. Complementing this, regular experimentation and comparison of models ensure that the chosen solutions not only meet speed requirements but also maintain high accuracy. This dual approach allows for rapid, iterative improvements while continually aligning with project accuracy goals.
Machine learning models are not static or perfect. They can degrade over time, become outdated, or produce unexpected results. You need to validate and monitor your models regularly to ensure their reliability and accuracy. You can use tools such as confusion matrices, ROC curves, precision-recall curves, or lift charts to evaluate your models and identify their strengths and weaknesses. You can also use tools such as dashboards, alerts, logs, or feedback mechanisms to monitor your models and detect any anomalies, drifts, or biases.
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Mohit Kumar
Machine Learning Engineer @ Sirion | LLM + LLMOps, MLOps & Infrastructure
Balancing speed and accuracy in machine learning projects involves a threefold strategy: automating processes, continuous experimentation, and vigilant validation and monitoring. Automation streamlines and accelerates workflows, while experimenting with different models ensures the best fit for accuracy. Crucially, ongoing validation and monitoring of models are essential to maintain accuracy over time, particularly in dynamic environments. This holistic approach facilitates rapid development without compromising on the accuracy and reliability of the models.
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Paresh Patil
LinkedIn Top Data Science Voice💡| 5X LinkedIn Top Voice | ML, Deep Learning & Python Expert, Data Scientist | Data Visualization & Storytelling | Actively Seeking Opportunities
Treading the line between speed and accuracy often requires an understanding of the model's behavior in the wild. Validating your models meticulously is a cornerstone of this. It's not just about achieving high accuracy on your test set; it's about ensuring that your model generalizes well in real-world scenarios. Continuous monitoring post-deployment is equally pivotal. I've seen projects where an initially effective model degraded over time due to changing data distributions. By keeping a vigilant eye and incorporating feedback loops, one ensures that the model remains relevant and effective. In my opinion, a model's true merit is revealed not just by its initial accuracy but its sustained performance over time.
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Isil Berkun, PhD
LinkedIn Top Voice | Founder of DigiFab AI
Ah, the thrill of deploying a machine learning model—it's like launching a rocket. But remember, even rockets need constant navigation and mid-course corrections. Your models are no different. They aren't 'set it and forget it' Roomba vacuums; think of them more like high-maintenance houseplants that need constant love. When it comes to ensuring your models remain the epitome of robustness, cue in validation techniques. Confusion matrices, ROC curves, and precision-recall curves are the health check-ups your models need to flaunt their strengths and reveal their flaws. But why stop at validation? Keep the finger on the pulse with monitoring tools—dashboards, alerts, and logs are your eyes and ears in the digital realm.
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Parth Shah
Institute Associate Scientist II at MD Anderson Cancer Center
Actively validating and monitoring machine learning models is essential to maintain their accuracy and relevance over time. Continuous validation using tools like confusion matrices and ROC curves helps assess model performance and pinpoint areas for improvement. Regular monitoring, through dashboards and alert systems, is crucial to detect any anomalies, drifts, or biases that may arise as data and environments change. This proactive approach ensures that models remain effective and trustworthy, adapting to new challenges and preserving their utility in dynamic real-world applications.
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Vidhyanand (Vick) Mahase PharmD, PhD.
Artificial Intelligence/ Machine Learning Engineer
Evaluating and monitoring machine learning models, especially in classification tasks, is vital. Key tools include Confusion Matrix: Categorizes predictions and computes metrics like accuracy and F1-score. Identifies error distribution shifts over time. ROC Curve: Plots true positive vs. false positive rates across thresholds. Aids in threshold selection and model comparison. Monitors performance when class balance shifts. Precision-Recall Curve: Shows the trade-off between precision and recall. Useful for imbalanced datasets and monitoring performance shifts. Lift Chart: Compares model performance to a random baseline, highlighting its effectiveness in identifying positive instances. Monitors changes in the model's relevance.
Machine learning is a fast-evolving and competitive field. You need to keep learning and improving your skills to stay on top of the latest trends, technologies, and best practices. You can use online courses, books, blogs, podcasts, webinars, or conferences to update your knowledge and expand your horizons. You can also use platforms such as Kaggle, GitHub, or Stack Overflow to practice your skills, share your work, and learn from other experts.
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Isil Berkun, PhD
LinkedIn Top Voice | Founder of DigiFab AI
Staying on the cutting edge is not just a plus; it's a must. Online courses and books are your bread and butter, while blogs, podcasts, and webinars add the gourmet garnish. But let's not just stop at absorbing information like a human sponge. Take your newfound knowledge to the gym—digital gym, that is. Platforms like Kaggle, GitHub, and Stack Overflow are not merely websites; they're your sparring partners, think tanks, and sometimes even your agony aunts. Engage, share, question, and collaborate. Keep the neurons firing and the code compiling. Because in the fast-paced world of machine learning, standing still is akin to moving backward. So, learn like you'll live forever and code like you'll deploy tomorrow! 🎓💻
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Ritesh Choudhary
Data Scientist @Thinkle | 2x LinkedIn’s Top Voice in Data Science & AI | Grad @Northeastern University | Data Science | Machine Learning | AI
The ever-evolving needs of Machine Learning is something that is the most difficult for any aspirant to track upon. So you need to be more rapid and more agile when it comes to learning ML as well. Remember, we live in the era of Generative AI. ChatGPT has the solutions to everything, and it can also teach you anything. Now you may ask, if I don’t know ML topics, how would I learn from it? The answer is simple. Learn from ChatGPT’s “Advanced Data Analysis” tool. Its a groundbreaker not just for Analytics, but also for learning. Just prompt “Teach me ML with all theories and python code.”, and it will generate the curriculum for you. Learn it in minimal time with maximal understanding.
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Parth Shah
Institute Associate Scientist II at MD Anderson Cancer Center
Proactively pursue learning and skill enhancement in the dynamic field of machine learning. Engage with a variety of resources, including online courses, technical literature, and industry webinars, to stay abreast of emerging trends and technologies. Participate in forums like Kaggle and GitHub to apply your knowledge, showcase your projects, and gain insights from other professionals. This continuous learning approach not only sharpens your existing skills but also equips you with new techniques and perspectives, keeping you at the forefront of machine learning advancements.
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Vidhyanand (Vick) Mahase PharmD, PhD.
Artificial Intelligence/ Machine Learning Engineer
Platforms like Kaggle, GitHub, and Stack Overflow are invaluable for learning and improving skills in machine learning and software development. Kaggle offers real-world datasets, competitions, and educational resources. GitHub provides open-source code repositories, collaboration tools, and portfolio-building opportunities. Stack Overflow is a community-driven Q&A platform that enhances problem-solving skills and networking. Engaging with these platforms can accelerate learning, enhance skills, and keep you updated in the field.
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Sagar Khandelwal
Manager- Project, Sales, Business Development | Govt./Private Projects| Expert in Bid, Project Management, Presales, Post Sales | RFP Analysis | Solution Strategist
Start by mastering the fundamentals: Build a strong foundation in machine learning concepts, algorithms, and techniques. Practice with real-world datasets: Work on diverse projects to gain hands-on experience and apply your knowledge. Continuously refine your model evaluation: Focus on metrics that matter for the specific problem and fine-tune your models accordingly. Stay updated: Keep abreast of the latest research and technologies in the field to adapt to changing trends. Collaborate and seek feedback: Engage with the machine learning community and learn from others to strike the right balance between speed and accuracy.
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Mohammed Bahageel
Data Scientist / Data Analyst | Machine Learning | Deep Learning | Artificial Intelligence | Data Analytics |Reinforcement Learning | Data Visualization | Python | R | Julia | JavaScript | Front-End Development
To strike a balance between speed and accuracy in ML projects, focus on data preprocessing, choose models that align with project requirements, perform hyperparameter tuning, consider data sampling or subset selection, utilize parallel processing and hardware optimization, apply early stopping and model pruning techniques, explore incremental learning or online training approaches, regularly evaluate and validate models, and iterate on development and optimization. By carefully considering these strategies, you can achieve a trade-off that suits the specific needs of your ML project.
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Paresh Patil
LinkedIn Top Data Science Voice💡| 5X LinkedIn Top Voice | ML, Deep Learning & Python Expert, Data Scientist | Data Visualization & Storytelling | Actively Seeking Opportunities
In the evolving landscape of machine learning, balancing speed and accuracy can feel like an art. From my interactions with industry veterans, I recall a project that was initially hailed for its swift model training. Yet, it faltered in real-world applications. The lesson? Speed isn’t just about quick model training. It encompasses the entire lifecycle of a project, from data gathering to model deployment. Moreover, speed shouldn't compromise model robustness. Consider setting intermediate checkpoints, allowing you to assess and recalibrate your approach. This iterative, reflective process can yield a harmonious blend of efficiency and precision, making your projects truly impactful.
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Mahyar Ali
ML Team Lead @Smodin | Computer Science, MLOps
A helpful tip I have is; learn model quantisation. (NLP) Most of the pre-trained models are released with 32 bit quantisation. Which takes up a lot of memory. You should always test 16 bit quantisation first. Almost all the time, 16 bit quantisation will have the same results/accuracy as the 32 bit model but will take up almost 50% less memory. Sometimes, you will find that the original pre-trained model was also trained in 16 bit but for release, the authors converted the weights to 32 bit as it is considered the standard. In my company, we use a suite of NLP models, and we have never trained a 32 bit model. Sometimes, if the model is very large, we will go for the 8 bit quantisation. Follow up: Look into other quantisations as well.
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Harini Kolamunna, PhD
Senior Data Scientist at The Yield Technology Solutions
This can often be handled at many levels. * Start by carefully selecting and engineering features. Apply proper data preprocessing. * Choose models that strike a good balance between accuracy and speed, e.g., DT and RF are generally faster but can be accurate. Consider ensemble methods(bagging and boosting). Utilities transfer learning where possible. * Tune hyperparameters. Implement early stopping. Implement model pruning. Consider results caching and memoization techniques where possible (e.g., useful specially in realtime systems). * Utilities distributed computing. Utilize specialized hardware like GPUs or TPUs. * If the model already performs satisfactorily and increasing accuracy comes at a high cost, it might not be worth it.
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Parth Shah
Institute Associate Scientist II at MD Anderson Cancer Center
In the realm of machine learning, consider the broader impacts and ethical implications of your models. Reflect on how they might affect real-world scenarios and diverse populations. Share insights and stories that highlight the importance of ethical AI, addressing concerns like data privacy, bias, and transparency. Emphasize the need for interdisciplinary collaboration, involving experts from various fields to ensure well-rounded and responsible AI solutions. This holistic approach fosters a deeper understanding of AI's societal impacts, guiding the development of technology that is not only innovative but also ethically sound and beneficial for all.
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