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What We Learned Auditing Sophisticated AI for Bias

O'Reilly on Data

When we use AI in security applications, the risks become even more direct. As AI technologies are adopted more broadly in security and other high-risk applications, we’ll all need to know more about AI audit and risk management. Data can be wrong. Predictions can be wrong. System designs can be wrong.

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Managing risk in machine learning

O'Reilly on Data

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Continue reading Managing risk in machine learning. Real modeling begins once in production.

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Essential skills and traits of chief AI officers

CIO Business Intelligence

Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks. To that end, CAIOs must break down silos and interact with a multitude of leaders in both lines of business and supporting functions, Daly says.

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Cyber Fraud Statistics & Preventions to Prevent Data Breaches in 2021

Smart Data Collective

The risk of data breaches will not decrease in 2021. Data must be managed carefully , which means protecting it against security breaches. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. Avoid interacting with suspicious links.

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

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Generative AI use cases for the enterprise

IBM Big Data Hub

The compact design and touch-based interactivity seemed like a leap into the future. Generative AI uses advanced machine learning algorithms and techniques to analyze patterns and build statistical models. Each output is unique yet statistically tethered to the data the model learned from.

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How Big Data Analytics & AI Combined can Boost Performance Immensely

Smart Data Collective

From the statistics shown, this means that both AI and big data have the potential to affect how we work in the workplace. Query approximation systems use statistical data sampling to predict the outcome of a query without running one. Identifying risks. Query Approximation systems and data summaries. Innovations.

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