PR Newswire
02 May 2023, 19:53 GMT+10
1000minds decision-making software now includes an AI assistant powered by OpenAI services - but keeps the user in the driver's seat.
WELLINGTON, New Zealand, May 2, 2023 /PRNewswire/ -- 1000minds has launched an AI assistant as part of its decision-making and conjoint analysis software using Microsoft Azure OpenAI services. OpenAI's GPT technology is also used in the popular ChatGPT service.
The 1000minds AI assistant helps people build their decision model while keeping them in the driver's seat, which is incredibly useful for learning how to use 1000minds and for testing its use in new domains.
For example, if people are comparing electric cars, the AI assistant will suggest criteria such as recharge time, speed, safety and distance, and optionally provide examples of electric cars to consider.
1000minds' commitment to AI safety best practices, including a "human-in-the-loop" approach, means that people are involved every step of the way. With just a few words about what they want to compare, e.g. "electricity generation options" or "candidates for head of HR", the AI assistant generates suggestions that people can adapt to meet their needs by incorporating their own knowledge and expertise.
It's the perfect marriage: 1000minds' structured decision-making combined with the OpenAI language model, which works well for this kind of application given well-framed prompts designed to get good suggestions.
The AI assistant also supports ideation with 1000minds' expert group decision-making tools, and builds models for conjoint analysis, discrete choice experiments and preferences surveys.
Unlike "opaque" AI-based decision-making, in which the reasoning behind a decision can't be fully explained, 1000minds uses explicit criteria and explicit human judgments. This creates a fully auditable, defensible and refinable decision model that can be trusted.
"Combining 1000minds' PAPRIKA algorithm and OpenAI's GPT, two incredible technologies, is a brilliant idea," said Colin Smithies, Business Intelligence Analyst at Te Herenga Waka - Victoria University of Wellington. "1000minds has always been very powerful and user-friendly, and now getting AI help with specifying the criteria for your decision is extremely helpful. It's fantastic!"
About 1000minds
1000minds is used by organizations, individuals and groups around the world to discover people's preferences and improve their decision-making processes. Internationally recognized for its scientific validity and user-friendliness, 1000minds' innovative approach has garnered top industry awards. Learn more at https://www.1000minds.com.
Press contact
Paul Hansen - [email protected], +1 888 876 6188
Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationBUENOS AIRES, Argentina: Since taking office in December 2023, Argentine President Javier Milei has implemented sweeping austerity...
LEMBATA, Indonesia: Indonesia's Mount Lewotobi Laki Laki erupted dramatically on June 18, generating substantial ash and smoke plumes....
MADRID, Spain: A routine oversight by Spain's power grid operator, REE, has been identified as the trigger behind the large-scale blackout...
WASHINGTON, DC - In a bid to defuse speculation, U.S. President Donald Trump says he will make his decision on whether to have the...
WASHINGTON, D.C.: A quiet shift inside the Trump administration has stalled a key diplomatic initiative aimed at pushing Russia toward...
NEW DELHI, India: Indian investigators are examining the black boxes from a Boeing 787 Dreamliner to determine the cause of a catastrophic...
SAO PAULO, Brazil: Brazil is taking confident steps to restore its dominance in global poultry exports after declaring its commercial...
NEW YORK, New YorK - U.S. stocks closed mixed on Friday, with gains and losses modest, as investors and traders weighed up the escalation...
WASHINGTON, D.C.: Retail sales dropped sharply in May as consumer spending slowed after a strong start to the year, primarily due to...
WASHINGTON, D.C.: Mitsubishi Motors is the latest automaker to raise prices in the United States, joining a growing list of car companies...
INDIANAPOLIS, Indiana: Eli Lilly is making a bold play in cardiovascular gene therapy, announcing plans to acquire its partner Verve...
BEIJING/WELLINGTON: New Zealand's Prime Minister Christopher Luxon commenced his visit to China on June 17, seeking to strengthen trade...