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Why you should care about debugging machine learning models

O'Reilly on Data

Not least is the broadening realization that ML models can fail. And that’s why model debugging, the art and science of understanding and fixing problems in ML models, is so critical to the future of ML. Because all ML models make mistakes, everyone who cares about ML should also care about model debugging. [1]

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

Last time , we discussed the steps that a modeler must pay attention to when building out ML models to be utilized within the financial institution. In summary, to ensure that they have built a robust model, modelers must make certain that they have designed the model in a way that is backed by research and industry-adopted practices.

Risk 52
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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

We are proceeding cautiously because the rise of LLMs [large language models] presents a new level of data security risk,” he says. “We We have been developing our own internal AI capability over the last few years using open-source models. AI tools rely on the data in use in these solutions. Nafde agrees.

Risk 132
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3 key digital transformation priorities for 2024

CIO Business Intelligence

Many technology investments are merely transitionary, taking something done today and upgrading it to a better capability without necessarily transforming the business or operating model. In the SANS 2023 DevSecOps Survey , less than 22% of respondents patched and resolved critical security risks and vulnerabilities in under two days.

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10 things to watch out for with open source gen AI

CIO Business Intelligence

It seems anyone can make an AI model these days. Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name. And these models, though they lag behind the big commercial ones, are improving quickly.

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Optimizing Risk and Exposure Management – Roundtable Highlights

Cloudera

For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. . Attendees included senior risk managers and analytics experts from financial institutions and insurance companies.

Risk 100
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What is data governance? Best practices for managing data assets

CIO Business Intelligence

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.”