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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk?

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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. So what? (2)

Strategy 290
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10 Technical Blogs for Data Scientists to Advance AI/ML Skills

DataRobot Blog

Savvy data scientists are already applying artificial intelligence and machine learning to accelerate the scope and scale of data-driven decisions in strategic organizations. Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results.

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Bringing an AI Product to Market

O'Reilly on Data

It’s often difficult for businesses without a mature data or machine learning practice to define and agree on metrics. Fair warning: if the business lacks metrics, it probably also lacks discipline about data infrastructure, collection, governance, and much more.) Agreeing on metrics. Don’t expect agreement to come simply.

Marketing 362
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King County enlists AI to reduce drug overdose deaths

CIO Business Intelligence

Like many public health agencies across the US, the King County Medical Examiner’s Office tracks drug overdose deaths to target interventions for populations at risk and save lives. During the second phase, NLP and ML models created and trained by the King County Department of IT extract the pertinent information from these digitized reports.

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How AI Can Supercharge Your Ransomware Defense In 2022?

Smart Data Collective

Since the decisions are data-driven, you have a lower likelihood of falling victim to attacks. The decisions are based on extensive experimentation and research to improve effectiveness without altering customer experience. With AI, the risk score for a device doesn’t depend on individual indicators.

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3 key digital transformation priorities for 2024

CIO Business Intelligence

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. As every CIO can attest, the aggregate demand for IT and data capabilities is straining their IT leadership teams.