The problem of ML Model drift and decay in production

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In this episode, called “The Problem of ML Model Drift and Decay in Production,” we explore the challenges of maintaining machine learning (ML) model accuracy over time. We break down model drift, a critical issue where a model’s predictive performance degrades due to changes in data or the environment. Listeners will learn about the two main causes of drift: data drift, where input data distributions shift, and concept drift, where the relationship between inputs and outputs evolves.

We also discuss the real-world consequences of model drift, such as poor decision-making, business losses, and ethical concerns like biased predictions. To address these challenges, we outline best practices for mitigating drift, including continuous monitoring, maintaining data quality, implementing regular retraining cycles, and leveraging specialized tools and technologies. Finally, we highlight the broader business and ethical implications of neglecting model drift, emphasizing why proactive strategies are essential for ensuring long-term ML model reliability.

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