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6 business risks of shortchanging AI ethics and governance

CIO Business Intelligence

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 138
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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

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What is ITIL? Your guide to the IT Infrastructure Library

CIO Business Intelligence

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. For more information on the benefits of the latest version of ITIL, see “ ITIL 4: ITSM gets agile.”.

IT 100
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The New Normal for FP&A: Scenario Planning

Jedox

It’s about the preparation for a range of possible outcomes, the likelihood of each outcome, and developing corresponding strategies to maximize the long-term benefit. Though only twelve years ago, it truly highlighted the difference between possibility and probability and the danger and impact of tail risk.

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Guidelines on Trading Cryptocurrency Over the Blockchain

Smart Data Collective

These benefits have made it useful for a number of industries. If you have never heard of blockchain before, you might understandably be skeptical of the benefits it provides or the security claims behind its architects. Step 4: Choose a Strategy. Here are some benefits and drawbacks. Pros of Investing.

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To Balance or Not to Balance?

The Unofficial Google Data Science Blog

Other estimators, such as those based on matching and subclassification, may benefit from the balancing property, but the discussion of those estimators is postponed to a later post. This algorithm is implemented in the SuperLearner R package (Polley & van der Laan, 2014). 2014): 243-263. Kang, Joseph DY, and Joseph L.

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Themes and Conferences per Pacoid, Episode 5

Domino Data Lab

What are the projected risks for companies that fall behind for internal training in data science? Skills continuing to grow in prominence by 2022 include analytical thinking and innovation as well as active learning and learning strategies. Guess who benefits most by that? In business terms, why does this matter ?