intelligent Knowledge based system (3)

Third, a company is position in its market place and how it relates to external factors is a key factor in assessing its future . The analysis of such issues cannot be totally objective and three has to be a large element of subjective judgment in what is fed into the computer model.
similarly ,management quality cannot be assessed quantitatively and subjective judgments have to be used in the computer modelling .
so where does this leave expert systems? they are here to stay .But their weaknesses must be more widely appreciated .They do not produce as objective an assessment as many of their proponents would profess . There is a wish to try to use them more mechanistically as a way of saving cost in credit assessment but this is likely to be dangerous given the inherent weaknesses and the introduction of extra systemic risk this would entail . it is going to be hard to eliminate traditional skills completely .