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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

It’s no surprise, then, that according to a June KPMG survey, uncertainty about the regulatory environment was the top barrier to implementing gen AI. So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. With AI, their users can get extremely smart research assistants.

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Handling uncertainty: panic vs. precautions…

Timo Elliott

Some people insist that the currently reported mortality rates are wildly overestimated because of the “missing denominator” problem—the absence of people who don’t show symptoms. A more flexible way of attacking uncertainty is to look beyond specific models and instead benchmark against “other people like us.”

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Uncertainties: Statistical, Representational, Interventional

The Unofficial Google Data Science Blog

by AMIR NAJMI & MUKUND SUNDARARAJAN Data science is about decision making under uncertainty. Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature.

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How Private Equity Firms Can Manage Uncertainty With Scenario Modeling

Jedox

Swift changes are forcing management to rethink operating models. In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. This requires modeling, not casual empiricism. In the face of uncertainty, investor relations are paramount.

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Novanta’s Sarah Betadam on transforming the IT model status quo

CIO Business Intelligence

Over the next five years, the healthcare industry is expected to go through dramatic changes as service providers expand value-based care models and equipment manufacturers strive to keep pace in a digital-first world. Bedford, Mass.-based Everybody wants to have a business impact and business outcome,” she explains.

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You Can’t Regulate What You Don’t Understand

O'Reilly on Data

The world changed on November 30, 2022 as surely as it did on August 12, 1908 when the first Model T left the Ford assembly line. If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved. This is unacceptable.

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Agile Financial Reporting for Real Estate: A Quick Guide to Reshaping Future Growth

Jet Global

Agility also calls for automation, smart deployment of digital transformation technologies, and a willingness to explore new business models and innovations. At the same time, however, new business models are emerging. With the agile reporting tools, it’s a lot faster and easier to do that. To some extent, that is true.