article thumbnail

The CIO’s 2024 AI playbook

CIO Business Intelligence

Leverage AI to put IT efficiency into overdrive ChatGPT’s release in 2022 kicked off an unprecedented hype cycle for the new technology. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.

ROI 97
article thumbnail

12 data science certifications that will pay off

CIO Business Intelligence

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. You should also have experience with pattern detection, experimentation in business optimization techniques, and time-series forecasting.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

If the relationship of $X$ to $Y$ can be approximated as quadratic (or any polynomial), the objective and constraints as linear in $Y$, then there is a way to express the optimization as a quadratically constrained quadratic program (QCQP). However, joint optimization is possible by increasing both $x_1$ and $x_2$ at the same time.

article thumbnail

Generative AI’s change management challenge

CIO Business Intelligence

Although ChatGPT, the poster child for generative AI applications, only launched in November 2022, already 26% of workers say they use generative AI several times a week, while 46% have experimented with it at least once, BCG found. A smaller BCG survey five years ago saw 60% listing curiosity, 35% optimism, 40% concern, and 17% confidence.

article thumbnail

ChatGPT, the rise of generative AI

CIO Business Intelligence

years to ChatGPT (November 2022), and only 4 months to GPT-4 (March 2023). It is simply unaware of truthfulness, as it is optimized to predict the most likely response based on the context of the current conversation, the prompt provided, and the data set it is trained on.

article thumbnail

Ferrovial puts AI at the heart of its transformation

CIO Business Intelligence

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 96
article thumbnail

CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

“Awareness of FinOps practices and the maturity of software that can automate cloud optimization activities have helped enterprises get a better understanding of key cost drivers,” McCarthy says, referring to the practice of blending finance and cloud operations to optimize cloud spend. growth experienced in 2022.

Strategy 127