Said Gattoufi
University of Tunis, Tunisia
Abstract: This talk introduces a new research paradigm in management science, calling for a synergy between the emerging fields of Business Analytics (BA) and Artificial Intelligence (AI), both of which have seen an exponential increase in successful applications across a wide range of domains. These fields are becoming increasingly significant as data continues to grow in volume, variety, and velocity. There is great excitement surrounding analytics, data science, and AI, as organizations and businesses explore how they can leverage large volumes of data to create value. Governments and communities are also seeking to derive broader value from their data resources.
The talk begins by discussing Reisman and Gattoufi’s strategies for knowledge creation, followed by an exploration of the limits and limitations of AI, referencing Gödel's incompleteness theorems. It also touches on the intrinsic flaws of AI through the lens of non-Euclidean geometries and considers ethical issues as well as technical challenges related to collecting, storing, and processing data.
Within this context, the talk proposes a new paradigm for research in Management Science: Intelligent Data Enabled Analytics (IDEA). This paradigm creates a synergy between BA and AI and encompasses three types of analytics: descriptive, predictive, and prescriptive. For each type, several appropriate intelligent tools are suggested. The talk concludes by presenting a set of successful applications and proposing promising domains for future theoretical research and practical applications. The focus will be on the application of Data Envelopment Analysis (DEA) and its inverse version as a benchmarking approach using Optimization and Inverse Optimization in finance, healthcare, logistics and transportation and agriculture.
This approach seems to position IDEA as a promising paradigm that can address contemporary challenges in management science by harnessing the growing capabilities of data analytics and AI providing a systematic approach to handle them.