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28 Words About Optimization, Every AI-Savvy Leader Must Know
Latest   Machine Learning

28 Words About Optimization, Every AI-Savvy Leader Must Know

Last Updated on July 20, 2023 by Editorial Team

Author(s): Yannique Hecht

Originally published on Towards AI.

Artificial Intelligence

Think you can explain these? Put your knowledge to the test!

[This is the 4th part of a series. Make sure you read about Search, Knowledge, and Uncertainty before continuing. The next topics are Machine Learning, Neural Networks, and Language.]

Over two-thirds of artificial intelligence’s value creation comes from improving existing systems and processes. This is according to McKinsey’s ‘Notes from the AI frontier’ (a highly-recommended resource and strategic business perspective on AI value creation).

Although this statistic includes both traditional and advanced techniques and a wide range of AI applications, its major share is rooted in simple optimization problems. Think, revamping logistics of global supply chains or raising the accuracy of financial prediction models.

AI can create $15.4 trillion in value, each year.

In Optimization, the objective is to choose the best possible from a set of predetermined options, often hidden deep in the data. To unlock incremental value, we can leverage methods like local search, linear programming, or constraint satisfaction to create practical, real-world applications.

To get you going in this exciting field, this article briefly defines the main concepts and terms.

Optimization

local search: search algorithms that maintain a single node and searches by moving to a neighboring node

state-space landscape: a process, in which successive states of an instance are considered, with the objective of finding a goal state with the desired property

global maximum: the largest overall value of a set, function, etc., over its entire range

Global Maximum

global minimum: the smallest overall value of a set, function, etc., over its entire range

Global Minimum

objective function: the function that it is to maximize (e.g., for revenues)

cost function: the function that it is to minimize (e.g., for costs); it could look like this:

50[x1] + 80[x2]

current state: (or configuration) the dynamic set of currently stored inputs, variables, and constants in memory

Current State

hill-climbing: an optimization technique that is used to find a “local optimum” solution to a computational problem; variants include steepest-ascent, stochastic, first-choice, random-restart, and local beam search

Hill Climbing

steepest-ascent: hill-climbing variant, which chooses the highest-valued neighbor

stochastic: hill-climbing variant, which chooses randomly from higher-valued neighbors

first-choice: hill-climbing variant, which chooses the first higher-valued neighbor

random-restart: hill-climbing variant, which conducts hill-climbing multiple times

local beam search: hill-climbing variant, which chooses the k highest-valued neighbors

simulated annealing: a technique used to optimize complex search algorithms

linear programming: a mathematical method to determine the best possible outcome from a defined of options or requirements, represented as linear relationships

simplex: a common linear programming algorithm

interior-point: another common linear programming algorithm

constraint satisfaction: the process of finding a solution to a set of constraints that impose conditions that the variables must satisfy; types of constraints include hard, soft, unary, and binary

Constraint Satisfaction

constraint function: a function specifying the prescribed conditions in a nonlinear programming problem, (i.e., time, labor, or input); it could look like this:

5[x1] + 2[x2] <= 100

hard constraints: constraints that must be satisfied in a correct solution

soft constraints: constraints that express some notion of which solutions are preferred over others

unary constraint: constraint involving only one variable

{A ≠ Monday}

binary constraint: constraint involving two variables

{A ≠ B}

node consistency: when all the values in a variable’s domain satisfy the variable’s unary constraints

arc consistency: when all the values in a variable’s domain satisfy the variable’s binary constraints; to make A arc-consistent with respect to B, remove elements from A’s domain until every choice for A has a possible choice for B

A {mon,tue, wed}
B {mon, tue, wed}
...
Arc Consistency

back-training search: a depth-first search algorithm that systematically assigns all possible combinations of values to the variables to check if these assignments constitute a solution

maintaining arc-consistency: an algorithm for enforcing arc-consistency every time we make a new assignment

least-constraining values heuristic: method to return variables in order by number of choices that are ruled out for neighboring variables (try least-constraining values first)

Now that you’re able to explain essential Optimization related terms, you’re hopefully more comfortable exploring this broad field further on your own.

However, you cannot complete your journey to becoming a fully-fledged AI-savvy leader without exploring other related topics, including Search, Knowledge, Uncertainty, Learning, Neural Networks, and Language.

Like What You Read? Eager to Learn More?
Follow me on
Medium or LinkedIn.

About the author:
Yannique Hecht works in the fields of combining strategy, customer insights, data, and innovation. While his career has been in the aviation, travel, finance, and technology industry, he is passionate about management. Yannique specializes in developing strategies for commercializing AI & machine learning products.

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} strongTag.remove(); }); }); } removeStrongFromHeadings(); "use strict"; window.onload = () => { /* //This is an object for each category of subjects and in that there are kewords and link to the keywods let keywordsAndLinks = { //you can add more categories and define their keywords and add a link ds: { keywords: [ //you can add more keywords here they are detected and replaced with achor tag automatically 'data science', 'Data science', 'Data Science', 'data Science', 'DATA SCIENCE', ], //we will replace the linktext with the keyword later on in the code //you can easily change links for each category here //(include class="ml-link" and linktext) link: 'linktext', }, ml: { keywords: [ //Add more keywords 'machine learning', 'Machine learning', 'Machine Learning', 'machine Learning', 'MACHINE LEARNING', ], //Change your article link (include class="ml-link" and linktext) link: 'linktext', }, ai: { keywords: [ 'artificial intelligence', 'Artificial intelligence', 'Artificial Intelligence', 'artificial Intelligence', 'ARTIFICIAL INTELLIGENCE', ], //Change your article link (include class="ml-link" and linktext) link: 'linktext', }, nl: { keywords: [ 'NLP', 'nlp', 'natural language processing', 'Natural Language Processing', 'NATURAL LANGUAGE PROCESSING', ], //Change your article link (include class="ml-link" and linktext) link: 'linktext', }, des: { keywords: [ 'data engineering services', 'Data Engineering Services', 'DATA ENGINEERING SERVICES', ], //Change your article link (include class="ml-link" and linktext) link: 'linktext', }, td: { keywords: [ 'training data', 'Training Data', 'training Data', 'TRAINING DATA', ], //Change your article link (include class="ml-link" and linktext) link: 'linktext', }, ias: { keywords: [ 'image annotation services', 'Image annotation services', 'image Annotation services', 'image annotation Services', 'Image Annotation Services', 'IMAGE ANNOTATION SERVICES', ], //Change your article link (include class="ml-link" and linktext) link: 'linktext', }, l: { keywords: [ 'labeling', 'labelling', ], //Change your article link (include class="ml-link" and linktext) link: 'linktext', }, pbp: { keywords: [ 'previous blog posts', 'previous blog post', 'latest', ], //Change your article link (include class="ml-link" and linktext) link: 'linktext', }, mlc: { keywords: [ 'machine learning course', 'machine learning class', ], //Change your article link (include class="ml-link" and linktext) link: 'linktext', }, }; //Articles to skip let articleIdsToSkip = ['post-2651', 'post-3414', 'post-3540']; //keyword with its related achortag is recieved here along with article id function searchAndReplace(keyword, anchorTag, articleId) { //selects the h3 h4 and p tags that are inside of the article let content = document.querySelector(`#${articleId} .entry-content`); //replaces the "linktext" in achor tag with the keyword that will be searched and replaced let newLink = anchorTag.replace('linktext', keyword); //regular expression to search keyword var re = new RegExp('(' + keyword + ')', 'g'); //this replaces the keywords in h3 h4 and p tags content with achor tag content.innerHTML = content.innerHTML.replace(re, newLink); } function articleFilter(keyword, anchorTag) { //gets all the articles var articles = document.querySelectorAll('article'); //if its zero or less then there are no articles if (articles.length > 0) { for (let x = 0; x < articles.length; x++) { //articles to skip is an array in which there are ids of articles which should not get effected //if the current article's id is also in that array then do not call search and replace with its data if (!articleIdsToSkip.includes(articles[x].id)) { //search and replace is called on articles which should get effected searchAndReplace(keyword, anchorTag, articles[x].id, key); 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mlclinks = document.querySelectorAll(`#${c.id} .entry-content a.mlc-link`); llinks = document.querySelectorAll(`#${c.id} .entry-content a.l-link`); pbplinks = document.querySelectorAll(`#${c.id} .entry-content a.pbp-link`); //sending the anchor tags list of each article one by one to remove extra anchor tags removeLinks(dslinks); removeLinks(mllinks); removeLinks(ailinks); removeLinks(nllinks); removeLinks(deslinks); removeLinks(tdlinks); removeLinks(iaslinks); removeLinks(mlclinks); removeLinks(llinks); removeLinks(pbplinks); } }); } //To remove extra achor tags of each category (ds, ml, ai) and only have 2 of each category per article cleanLinks(); */ //Recommended Articles var ctaLinks = [ /* ' ' + '

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