Forecasting and Making Predictions with GenAI / LLMs in #MicrosoftFabric using #langchain #OpenAI

Forecasting and making predictions in Microsoft Fabric using generative AI and large language models is a groundbreaking use case that extends beyond typical assistant functionalities. This session focuses on utilizing GPT-4 for time series forecasting and predictions tied to customer and waiter attributes within a dataset of restaurant tips. The approach centers on prompt engineering, bypassing traditional machine learning techniques, and demonstrates the model's ability to provide reliable predictions based solely on input variables. Excitement lies in the logic intelligence aspect of AI capable of transforming business and application logic through detailed analysis of operational data.

Discussion on the significance of LLMs beyond traditional assistant use cases.

Explains the dataset used for predicting tip amounts based on customer and waiter characteristics.

Demonstrates the predictive capabilities of LLMs using real-time data examples.

AI Expert Commentary about this Video

AI Data Scientist Expert

The use of LLMs for real-time data predictions represents a significant leap in data science, particularly in operational settings. By leveraging prompt engineering, the approach showcased allows for a nuanced understanding of trends within customer interactions, redefining traditional predictive modeling. Future applications could include dynamic recommendation systems in e-commerce, where businesses can better tailor their services based on customer behavior analytics.

AI Business Strategy Expert

Employing generative AI like GPT-4 in predictive analytics suggests a shift toward data-driven decision-making across industries. This technique facilitates not only improved accuracy in predictions but also enhances responsiveness to market trends. Businesses can capitalize on this by integrating such AI capabilities into their decision frameworks, leading to more agile strategies that directly enhance customer experience and operational efficiency.

Key AI Terms Mentioned in this Video

Forecasting

In this video, forecasting is performed using LLMs to predict tip amounts.

Generative AI

The video illustrates generative AI's application in predicting restaurant tip percentages.

Large Language Models (LLMs)

The presenter utilizes LLMs for data-driven predictions without traditional machine learning.

Companies Mentioned in this Video

OpenAI

This AI model is employed in the video for making reliable predictions and forecasts.

Mentions: 3

Microsoft

The video discusses the potential of Microsoft's tools combined with LLMs for operational logic.

Mentions: 2

Company Mentioned:

Technologies:

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