article thumbnail

Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

It’s no surprise, then, that according to a June KPMG survey, uncertainty about the regulatory environment was the top barrier to implementing gen AI. So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. We’re still in the pilot phases of evaluating LLMs,” he says.

article thumbnail

Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt). A business-disruptive ChatGPT implementation definitely fits into this category: focus first on the MVP or MLP. Keep it agile, with short design, develop, test, release, and feedback cycles: keep it lean, and build on incremental changes. Launch the chatbot.

Strategy 290
Insiders

Sign Up for our Newsletter

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

article thumbnail

5 common consultant negotiation tactics and how to protect your interests

CIO Business Intelligence

For example, the consultant will seek to test the strength of their relationship with executive leadership against the strength of the program leadership team. This effectively drives a wedge of uncertainty between senior leadership and the project team, positioning the consultant with a higher degree of confidence entering negotiations.

article thumbnail

Uncertainties: Statistical, Representational, Interventional

The Unofficial Google Data Science Blog

by AMIR NAJMI & MUKUND SUNDARARAJAN Data science is about decision making under uncertainty. Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature.

article thumbnail

What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. XLSTAT is an Excel data analysis add-on geared for corporate users and researchers.

article thumbnail

Re-thinking The Insurance Industry In Real-Time To Cope With Pandemic-scale Disruption

Cloudera

The insurance companies disagree on potential coverage under the commercial property policies, citing that coverage definitions put in place before the pandemic, or its implications, were widely understood. . Along the way, tried and tested models and processes are proving unreliable, triggering an evolution in the insurance industry.

article thumbnail

The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. Testing out a new feature. Identify, hypothesize, test, react. But at the same time, they had to have a real test of an actual feature. You don’t need a beautiful beast to go out and test.

Metrics 156