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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

There are a lot of risks and a lot of land mines to navigate,” says the analyst. Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. Covanta is also using AI to perform legal review on contracts, detecting and highlighting points of possible risk.

Risk 123
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Application Development Consulting Helps Companies Get the Most of AI

Smart Data Collective

Many of them have utilized many management programs but finding the most best application without the assistance of an experienced consultant can be a challenge. Some new consulting agencies specialize in helping companies select the best applications. Application development consulting services are a newer service.

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How to Gain Greater Confidence in your Climate Risk Models

Cloudera

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? They need to understand;

Risk 80
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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

We did side-by-side testing,” he says. In testing, gen AI was also particularly good at generating test cases and creating dummy data for testing. Management consulting firm AArete has been using other gen AI to do just that for about a year. “We

IT 123
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Managing mortgage risk in an uncertain world

Cloudera

Picture the scene: a hopeful homebuyer sits in the almost deserted lobby of a high street bank, waiting for the appointment she booked with the mortgage consultant a week ago – a week ago! They also fail to model the effects of fear and the risk of contagion. Risk management 3.0.

Risk 74
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10 things to watch out for with open source gen AI

CIO Business Intelligence

According to Synopsys’ open source security and risk analysis released in February, 96% of all commercial code bases contained open source components. Companies can download the code, but then they need in-house expertise or hired consultants to make everything work. It also focuses largely on risk and governance issues.

Modeling 130
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The Role of Model Governance in Machine Learning and Artificial Intelligence

Domino Data Lab

All models require testing and auditing throughout their deployment and, because models are continually learning, there is always an element of risk that they will drift from their original standards. The primary focus of model governance involves tracking, testing and auditing. First is the data the model is using.