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7 risk management rules every CIO should follow

CIO Business Intelligence

Risk is inescapable. A PwC Global Risk Survey found that 75% of risk leaders claim that financial pressures limit their ability to invest in the advanced technology needed to assess and monitor risks. Yet failing to successfully address risk with an effective risk management program is courting disaster.

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Risk Management for AI Chatbots

O'Reilly on Data

Doing so means giving the general public a freeform text box for interacting with your AI model. Welcome to your company’s new AI risk management nightmare. ” ) With a chatbot, the web form passes an end-user’s freeform text input—a “prompt,” or a request to act—to a generative AI model.

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To understand the risks posed by AI, follow the money

O'Reilly on Data

Others retort that large language models (LLMs) have already reached the peak of their powers. It’s difficult to argue with David Collingridge’s influential thesis that attempting to predict the risks posed by new technologies is a fool’s errand. However, there is one class of AI risk that is generally knowable in advance.

Risk 317
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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

While generative AI has been around for several years , the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities.

Strategy 290
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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Your ERM program generally assesses and maintains detailed information related to strategy, operations, and the remediation plans needed to mitigate the impact on the organization. In this webinar, you will learn how to: Outline popular change management models and processes. Organize ERM strategy, operations, and data.

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Why you should care about debugging machine learning models

O'Reilly on Data

Not least is the broadening realization that ML models can fail. And that’s why model debugging, the art and science of understanding and fixing problems in ML models, is so critical to the future of ML. Because all ML models make mistakes, everyone who cares about ML should also care about model debugging. [1]

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12 Cloud Computing Risks & Challenges Businesses Are Facing In These Days

datapine

More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies. The next part of our cloud computing risks list involves costs.

Risk 237
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LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications. However, productionizing LLMs comes with a unique set of challenges such as model brittleness, total cost of ownership, data governance and privacy, and the need for consistent, accurate outputs.