Remove 2023 Remove Cost-Benefit Remove Modeling Remove Risk
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To understand the risks posed by AI, follow the money

O'Reilly on Data

Others retort that large language models (LLMs) have already reached the peak of their powers. It’s difficult to argue with David Collingridge’s influential thesis that attempting to predict the risks posed by new technologies is a fool’s errand. However, there is one class of AI risk that is generally knowable in advance.

Risk 221
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Gen AI without the risks

CIO Business Intelligence

Developing and deploying successful AI can be an expensive process with a high risk of failure. How can CIOs deliver accurate, trustworthy AI without the energy costs and carbon footprint of a small city? Retraining creates expert models that are more accurate, smaller, and more efficient to run. Not at all. But do be careful.

Risk 123
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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

Modeling 118
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UK Government tests frictionless trade models with Ecosystem of Trust pilots

IBM Big Data Hub

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 95
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LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications. However, productionizing LLMs comes with a unique set of challenges such as model brittleness, total cost of ownership, data governance and privacy, and the need for consistent, accurate outputs.

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Can LLMs Become Knowledgeable – Impressions from Day 1 At SEMANTiCS 2023

Ontotext

SEMANTiCS 2023 kicked off with a Pre-conference day that offered an awesome lineup of business and academia talks. These delved deep into the transformative potential of Large Language Models (LLMs) and the need for semantic technologies to ensure high-quality training data for these models. Are LLMs Knowledgeable?

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Expion Health revamps its RFP process with AI

CIO Business Intelligence

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.”

IT 95