The speakers discuss the challenges and future of recommendation engines, including the importance of data, privacy, and explainability.
- Online adaptive learning is important for quickly adapting to user needs
- Great data is necessary for building a machine learning recommendation engine
- Understanding user journeys and causal impact is important for effective recommendations
- Long-term metrics, predictive metrics, and short-term metrics are all important for measuring success
- Privacy and fairness are ongoing challenges for the ML community
- Explainability is important for user control and understanding of recommendations
The speakers mention the importance of understanding user journeys and causal impact in order to make effective recommendations. They give an example of predicting the LTV of a user over a 60 month horizon through a predictive model, which takes into account various inputs and local features. They also discuss the importance of explainability, citing Netflix's use of associated learning to explain recommendations.