Decomposition aided attention-based recurrent neural networks for multistep ahead time-series forecasting of renewable power generation

Renewable energy plays an increasingly important role in our future. As fossil fuels become more difficult to extract and effectively process, renewables offer a solution to the ever-increasing energy demands of the world. However, the shift toward renewable energy is not without challenges. While fossil fuels offer a more reliable means of energy storage that can be converted into usable energy, renewables are more dependent on external factors used for generation. Efficient storage of renewables is more difficult often relying on batteries that have a limited number of charge cycles. A robust and efficient system for forecasting power generation from renewable sources can help alleviate some of the difficulties associated with the transition toward renewable energy. Therefore, this study proposes an attention-based recurrent neural network approach for forecasting power generated from renewable sources. To help networks make more accurate forecasts, decomposition techniques utilized applied the time series, and a modified metaheuristic is introduced to optimized hyperparameter values of the utilized networks. This approach has been tested on two real-world renewable energy datasets covering both solar and wind farms. The models generated by the introduced metaheuristics were compared with those produced by other state-of-the-art optimizers in terms of standard regression metrics and statistical analysis. Finally, the best-performing model was interpreted using SHapley Additive exPlanations.

Economics of Artificial Intelligence in Healthcare: Diagnosis vs. Treatment

Motivation: The price of medical treatment continues to rise due to (i) an increasing population; (ii) an aging human growth; (iii) disease prevalence; (iv) a rise in the frequency of patients that utilize health care services; and (v) increase in the price. Objective: Artificial Intelligence (AI) is already well-known for its superiority in various healthcare applications, including the segmentation of lesions in images, speech recognition, smartphone personal assistants, navigation, ride-sharing apps, and many more. Our study is based on two hypotheses: (i) AI offers more economic solutions compared to conventional methods; (ii) AI treatment offers stronger economics compared to AI diagnosis. This novel study aims to evaluate AI technology in the context of healthcare costs, namely in the areas of diagnosis and treatment, and then compare it to the traditional or non-AI-based approaches. Methodology: PRISMA was used to select the best 200 studies for AI in healthcare with a primary focus on cost reduction, especially towards diagnosis and treatment. We defined the diagnosis and treatment architectures, investigated their characteristics, and categorized the roles that AI plays in the diagnostic and therapeutic paradigms. We experimented with various combinations of different assumptions by integrating AI and then comparing it against conventional costs. Lastly, we dwell on three powerful future concepts of AI, namely, pruning, bias, explainability, and regulatory approvals of AI systems. Conclusions: The model shows tremendous cost savings using AI tools in diagnosis and treatment. The economics of AI can be improved by incorporating pruning, reduction in AI bias, explainability, and regulatory approvals.