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Large Language Models Take AI World By Storm

David Menninger's Analyst Perspectives

First, the amount of data they can collect and store has increased dramatically while the cost of analyzing these large amounts of data has decreased dramatically. Data-driven organizations need to process data in real time which requires AI. Nearly 9 in 10 organizations use or plan to adopt AI technology.

Modeling 144
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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

While generative AI has been around for several years , the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities.

Strategy 289
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10 Technical Blogs for Data Scientists to Advance AI/ML Skills

DataRobot Blog

Savvy data scientists are already applying artificial intelligence and machine learning to accelerate the scope and scale of data-driven decisions in strategic organizations. Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results.

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Bringing an AI Product to Market

O'Reilly on Data

It’s often difficult for businesses without a mature data or machine learning practice to define and agree on metrics. Fair warning: if the business lacks metrics, it probably also lacks discipline about data infrastructure, collection, governance, and much more.) Agreeing on metrics. Don’t expect agreement to come simply.

Marketing 362
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AI Has an Uber Problem

O'Reilly on Data

The race to the top is no longer driven by who has the best product or the best business model, but by who has the blessing of the venture capitalists with the deepest pockets—a blessing that will allow them to acquire the most customers the most quickly, often by providing services below cost. That is true product-market fit.

Marketing 154
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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

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ADP’s cloud transformation pays dividends

CIO Business Intelligence

ADP remains the 500-pound gorilla in payroll and, with its rich data, can literally tell you what’s really moving the economy,” said Pete A. ADP Data Cloud is one of the “richest datasets in the world,” and this enables the company to anonymize, customize, and monetize its data stockpile in many new ways for its client base, Nagrath claims.