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Extract from: Building an Analytical Talent Ecosystem at Principal published on Forbes March 21, 2019 (Tom Davenport)
“Overall, Byrum’s philosophy is that cognitive diversity in his team and ecosystem are very important, and that many data science groups lack such diversity. He also believes that deep learning—the current darling of many AI groups—is great for certain applications like image and audio analysis, but not for everything. He puts a strong emphasis on transparency and causality, which aren’t possible with deep learning models. As his team and ecosystem begin addressing traditional insurance problems with AI, he expects that even more diversity will be necessary.”
Joseph Byrum is an accomplished executive leader, innovator, and cross-domain strategist with a proven track record of success across multiple industries. With a diverse background spanning biotech, finance, and data science, he has earned over 50 patents that have collectively generated more than $1 billion in revenue. Dr. Byrum’s groundbreaking contributions have been recognized with prestigious honors, including the INFORMS Franz Edelman Prize and the ANA Genius Award. His vision of the “intelligent enterprise” blends his scientific expertise with business acumen to help Fortune 500 companies transform their operations through his signature approach: “Unlearn, Transform, Reinvent.” Dr. Byrum earned a PhD in genetics from Iowa State University and an MBA from the Stephen M. Ross School of Business, University of Michigan.
