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What is Model Risk and Why Does it Matter?

DataRobot Blog

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111
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The history of ESG: A journey towards sustainable investing

IBM Big Data Hub

However, it wasn’t until the 1990s that ESG considerations started to appear in mainstream investment strategies. 1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions.

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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. Predictions range as high as 5 degrees Celsius or more by the end of the 21st century, according to the Climate Science Special Report from the U.S. Global Change Research Program, 2017.

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Paul Martin: CIOs don’t retire, they go work on boards

CIO Business Intelligence

Two years of pandemic uncertainty and escalating business risk have sharpened the focus of corporate boards on a technology trend once dismissed as just another IT buzzword. I bring the tech and cyber expertise to those boards, and also the digital piece,” adds Martin, a member of the CIO Hall of Fame since 2017. “It

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Vendor Security is Key to Preventing Future Data Breaches

Smart Data Collective

Unfortunately, there are often many weak links in the data security infrastructure, which can increase the risks of data breaches. It seemed like data breaches were starting to decline, but Aimee O’Driscoll of Comparitech reports that trend has not persisted. These steps can help reduce the risks of data breaches.

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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

They published the original Transformer paper (not quite coincidentally called “Attention is All You Need”) in 2017, and released BERT , an open source implementation, in late 2018, but they never went so far as to build and release anything like OpenAI’s GPT line of services. I think not.

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5 things to know: IBM Cloud’s mission to accelerate innovation for clients

IBM Big Data Hub

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.