An Overview of Causal AI in Business Practices

Music City Center 

I will first discuss why we should care about causal inference or causal AI and then provide an overview of three major schools of thought and their key approaches from the disciplines of Statistics, Epidemiology, Computer Science, and Economics/Econometrics. The techniques developed in these fields have been applied to a wide range of fields including medical sciences, economics, political science, education, and business analytics. Their successes in the real world have led to winning a Turing Award (2011) and Nobel Prizes in Economics (2019, 2021). Extension to uplift modeling will also be covered in this seminar. Various real-life applications based on different approaches will be used for illustration.