Remove Forecasting Remove Risk Remove Testing Remove Uncertainty
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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. We’re getting bombarded with questions and inquiries from clients and potential clients about the risks of AI.” The risk is too high.” Not without warning signs, however.

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How CFOs Can Lead With Foresight

Jedox

The new normal introduced new risks from employee health and safety, supply chain stress and government mandates – all with working capital implications. The unprecedented uncertainty forced companies to make critical decisions within compressed time frames. The room for poor assumptions and missed forecasts shrank.

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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141
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Trusted AI Cornerstones: Key Operational Factors

DataRobot

You should first identify potential compliance risks, with each additional step again tested against risks. Managing risk for any model involves understanding which monitoring and risk-mitigation procedures apply. Recognizing and admitting uncertainty is a major step in establishing trust.

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Making Financial Planning a Continuous and Popular Activity

Jet Global

Living through periods of rapid upheaval and uncertainty, like the recent pandemic, forces us to adapt quickly to new working practices. Forward-looking enterprises that are achieving better outcomes have already quickly reworked forecasts on supply chains, materials, and costs. Navigating Your Transition to xP&A.

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COVID-19 Financial Crisis: Frequently Asked Questions Answered

Jet Global

Unless you operate in a few privileged industries, you will likely contend with declining revenues this quarter and next, making it incumbent on the accounting team to adjust plans and forecasts accordingly. Having access to up-to-date data to understand the depth of those declines and their enterprise-wide impact will be crucial.

Finance 64
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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.