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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. When business decisions are made based on bad models, the consequences can be severe. As machine learning advances globally, we can only expect the focus on model risk to continue to increase.

Risk 111
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How AI continues to reshape the cybersecurity arsenal

CIO Business Intelligence

Source code analysis tools Static application security testing (SAST) is one of the most widely used cybersecurity tools worldwide. Many organizations have internally acknowledged the challenges listed above and started to integrate supervised learning models with their offerings. This is where AI is going to create an impact.

Testing 129
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Deep Learning Illustrated: Building Natural Language Processing Models

Domino Data Lab

The excerpt covers how to create word vectors and utilize them as an input into a deep learning model. While the field of computational linguistics, or Natural Language Processing (NLP), has been around for decades, the increased interest in and use of deep learning models has also propelled applications of NLP forward within industry.

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At AstraZeneca, data and AI are more than game changers – they are life changers

CIO Business Intelligence

Built on Amazon SageMaker , a service to build, train, and deploy ML models, AI Bench has accelerated the pace of innovation and reduced the barrier of entry for machine learning across AstraZeneca. . “We More quickly moving from ideas to insights has aided new drug development and the clinical trials used for testing new products.

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Build and manage your modern data stack using dbt and AWS Glue through dbt-glue, the new “trusted” dbt adapter

AWS Big Data

In 2022, AWS published a dbt adapter called dbt-glue —the open source, battle-tested dbt AWS Glue adapter that allows data engineers to use dbt for cloud-based data lakes along with data warehouses and databases, paying for just the compute they need. Models – dbt models are primarily written as a SELECT statement and saved as a.sql file.

Data Lake 116
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Data and gen AI: Keys to Air Europa’s digital strategy

CIO Business Intelligence

So large corporations are still being put to the test with their implementing processes. Its implementation of a decentralized model, for instance, stands out. “It This reinforces our firm commitment to self-service and decentralized models.” But it’s still early days since ChatGPT burst on the scene in 2022.

Strategy 115
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7 famous analytics and AI disasters

CIO Business Intelligence

MIT Technology Review has chronicled a number of failures, most of which stem from errors in the way the tools were trained or tested. For example, Driggs’ group found that their own model was flawed because it was trained on a data set that included scans of patients that were lying down while scanned and patients that were standing up.

Analytics 145