What are some real-world examples of model drift?
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What are some real-world examples of model drift?
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Model drift occurs when a machine learning model's performance degrades over time due to changes in the underlying data. Some real-world examples include:
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- Credit Scoring Models: Changes in economic conditions can affect consumer behavior, leading to model drift in predicting creditworthiness.
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- Healthcare Predictions: A model predicting patient outcomes may drift as new treatments and medications are introduced.
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- E-commerce Recommendations: Shifts in consumer preferences can cause recommendation systems to become less effective.
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How can we detect model drift in our systems?
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