Analytics Vidhya

MAY 31, 2023

He has expressed his concerns about AI’s potential risks. In an interview with CTV’s Question Period host Vassy Kapelos, Bengio stated that some AI technologies are rapidly approaching human intelligence levels, […] The post Renowned AI Pioneer Thinks Humanity is at Risk Because of AI appeared first on Analytics Vidhya.

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Analytics Vidhya

APRIL 29, 2023

Threats, Risks and Solutions appeared first on Analytics Vidhya. These alarming numbers underscore the need for robust data security measures to protect sensitive information such as personal data, […] The post What is Data Security?

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Analytics Vidhya

APRIL 2, 2024

Hence, OpenAI has opted for a cautious approach, limiting […] The post OpenAI Develops New Voice Cloning AI; Halts Release Due to Risk of Misuse appeared first on Analytics Vidhya. However, such generative AI technology comes with concerns of misuse and ethical considerations.

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Analytics Vidhya

MARCH 1, 2022

Banks rapidly recognize the increased need for comprehensive credit risk […]. The post Gaussian Naive Bayes Algorithm for Credit Risk Modelling appeared first on Analytics Vidhya. Credit evaluations have progressed from being subjective decisions by the bank’s credit experts to a more statistically advanced evaluation.

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Analytics Vidhya

JUNE 5, 2023

Cardiovascular disease (CVD) prevention is crucial for identifying at-risk individuals and providing timely intervention. However, traditional risk assessment models like the Framingham Risk Score (FRS) have shown limitations, particularly in accurately estimating risk for socioeconomically disadvantaged populations.

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Risk Machine Learning Modeling Analytics 271

Analytics Vidhya

JULY 27, 2023

While some believe that AI will merely complement human efforts, Altman holds a different view, asserting that […] The post OpenAI CEO Sam Altman: Jobs at Risk as AI Proves Its Might appeared first on Analytics Vidhya. In a recent interview, Altman delved into the impact of AI on jobs and humanity as a whole.

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O'Reilly on Data

JUNE 27, 2023

Welcome to your company’s new AI risk management nightmare. Before you give up on your dreams of releasing an AI chatbot, remember: no risk, no reward. The core idea of risk management is that you don’t win by saying “no” to everything. So, what do you do? I’ll share some ideas for mitigation.

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Analytics Vidhya

MAY 23, 2023

They have called for the […] The post OpenAI Leaders Write About The Risk Of AI, Suggest Ways To Govern appeared first on Analytics Vidhya. The lab published a blog on May 22nd by Sam Altman, Greg Brockman, and Ilya Sutskever. They are all key figures behind the development of ChatGPT.

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Analytics Vidhya

NOVEMBER 4, 2024

As climate change increases the frequency of extreme weather conditions, such as droughts and floods, contingency planning and risk assessment are becoming increasingly crucial for managing such events. This article […] The post Flood Risk Assessment Using Digital Elevation and the HAND Models appeared first on Analytics Vidhya.

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Risk Modeling Management Analytics 208

O'Reilly on Data

APRIL 30, 2024

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. It is a predictable economic risk.

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Analytics Vidhya

MARCH 29, 2023

This collected data is then sold to advertisers, marketing companies, and law […] The post Is Your Privacy at Risk? Fog Data Science compiles an extensive database of user location information by purchasing raw geolocation data collected by various smartphone and tablet applications.

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Data Science Risk Advertising Data Collection 236

CIO Business Intelligence

JULY 25, 2024

It also highlights the downsides of concentration risk. What is concentration risk? Looking to the future, IT leaders must bring stronger focus on “concentration risk”and how these supply chain risks can be better managed. Unfortunately, the complexity of multiple vendors can lead to incidents and new risks.

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CIO Business Intelligence

NOVEMBER 8, 2024

AI coding agents are poised to take over a large chunk of software development in coming years, but the change will come with intellectual property legal risk, some lawyers say. This means the AI might spit out code that’s identical to proprietary code from its training data, which is a huge risk,” Badeev adds.

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CIO Business Intelligence

JULY 23, 2024

Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.

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Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

OCTOBER 16, 2024

In the executive summary of the updated RSP , Anthropic stated, “in September 2023, we released our Responsible Scaling Policy (RSP), a public commitment not to train or deploy models capable of causing catastrophic harm unless we have implemented safety and security measures that will keep risks below acceptable levels.

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CIO Business Intelligence

SEPTEMBER 26, 2024

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This should be no surprise since the global average cost of a data breach is $4.88

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KDnuggets

SEPTEMBER 25, 2024

Disease risk prediction is a cornerstone of preventative healthcare. It is used to provide guidelines for clinicians to follow to identify their most at-risk patients and provide guidance to reduce risk. Effective predictions allow for early intervention, personalized treatments, and improved outcomes.

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CIO Business Intelligence

AUGUST 21, 2024

Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” When it comes to security, though, agentic AI is a double-edged sword with too many risks to count, he says. “We That means the projects are evaluated for the amount of risk they involve.

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CIO Business Intelligence

DECEMBER 11, 2024

Lack of oversight establishes a different kind of risk, with shadow IT posing significant security threats to organisations. Strong data strategies de-risk AI adoption, removing barriers to performance. Without it, businesses risk perpetuating the very inefficiencies they aim to eliminate, adds Kulkarni.

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CIO Business Intelligence

SEPTEMBER 13, 2024

For Kevin Torres, trying to modernize patient care while balancing considerable cybersecurity risks at MemorialCare, the integrated nonprofit health system based in Southern California, is a major challenge. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

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Risk IT IoT Statistics 128

CIO Business Intelligence

NOVEMBER 7, 2024

The UK government has introduced an AI assurance platform, offering British businesses a centralized resource for guidance on identifying and managing potential risks associated with AI, as part of efforts to build trust in AI systems. About 524 companies now make up the UK’s AI sector, supporting more than 12,000 jobs and generating over $1.3

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Analytics Vidhya

DECEMBER 4, 2022

When too much risk is restricted to very few players, it is considered as a notable failure of the risk management framework. […]. Introduction The global financial crisis of 2007 has had a long-lasting effect on the economies of many countries.

Modeling 395

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Corinium

JUNE 24, 2020

BNP Paribas Global Head of AI and Digital Risk Analytics Adri Purkayastha talks to us about how COVID-19 is accelerating the firm’s digital transformation and the future of risk analytics. You’ve been at BNP Paribas for roughly 18 months.

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Analytics Vidhya

JANUARY 15, 2024

The World Economic Forum (WEF) has recently unveiled its 19th Global Risks Report, shedding light on the emergence of artificial intelligence (AI) and quantum computing as significant global threats.

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CIO Business Intelligence

OCTOBER 8, 2024

You risk adding to the hype where there will be no observable value. The learning phase Two key grounding musts: Non-mission critical workloads and (public) data Internal/private (closed) exposure This ensures no corporate information or systems will be exposed to any form of risk.

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Analytics Vidhya

OCTOBER 17, 2022

Businesses of all sizes are switching to the cloud to manage risks, improve data security, streamline processes and decrease costs, or other reasons. This article was published as a part of the Data Science Blogathon. Introduction There are several reasons organizations should use cloud computing in the modern world.

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Analytics Vidhya

JULY 6, 2022

Investing strategies vary depending on the investor’s risk appetite and goals (long term or short term). This article was published as a part of the Data Science Blogathon. Introduction Investing Strategies are essential since they determine whether you gain or lose money.

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Strategy Data Science Publishing Risk 353

Analytics Vidhya

APRIL 1, 2022

Borrowers who default on loans not only damage their credit but also risk being sued […]. Introduction A loan default occurs when a borrower takes money from a bank and does not repay the loan. People often default on loans due to various reasons.

Machine Learning 353

Machine Learning Data Science Publishing Risk 353

Analytics Vidhya

JANUARY 7, 2024

As artificial intelligence (AI) continues its rapid advancement, a recent survey conducted among 2,700 AI researchers has shed light on growing concerns about the potential risks associated with AI. The majority of researchers acknowledge a 5% chance of AI-related outcomes leading to human extinction.

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Analytics Vidhya

FEBRUARY 14, 2024

However, it’s crucial to recognize the associated risks and conduct thorough research before venturing into this dynamic market. AI technology has the capacity to revolutionize various sectors, attracting investors keen on capitalizing on its transformative potential.

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