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How Private Equity Firms Can Manage Uncertainty With Scenario Modeling

Jedox

In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. To understand the marginal impact of changes you need an analytical framework that measures shifts from baseline scenarios. In the face of uncertainty, investor relations are paramount.

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You Can’t Regulate What You Don’t Understand

O'Reilly on Data

Most notably, The Future of Life Institute published an open letter calling for an immediate pause in advanced AI research , asking: “Should we let machines flood our information channels with propaganda and untruth? Today, we have dozens of organizations that publish AI principles, but they provide little detailed guidance.

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Humans and AI: How Should You Talk About AI? Be Positive or Give Warnings?

DataRobot

AI and Uncertainty. Some people react to the uncertainty with fear and suspicion. Recently published research addressed the question of “ When Does Uncertainty Matter?: Understanding the Impact of Predictive Uncertainty in ML Assisted Decision Making.”. People are unsure about AI because it’s new. AI you can trust.

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Why IT surveys can’t be trusted for strategic decisions

CIO Business Intelligence

Information, according to the mathematical theory that bears its name, reduces uncertainty. In this way, the information I have given you has cut your uncertainty in half. And yet when it comes to reading about our industry, content that too often fails to reduce our uncertainty about a subject in any useful way.

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In AI we trust? Why we Need to Talk About Ethics and Governance (part 2 of 2)

Cloudera

In 2019, the Gradient institute published a white paper outlining the practical challenges for Ethical AI. This involves identifying, quantifying and being able to measure ethical considerations while balancing these with performance objectives. Systems should be designed with bias, causality and uncertainty in mind.

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5 signs your agile practices will lead to digital disaster

CIO Business Intelligence

They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful. Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams.

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What you need to know about product management for AI

O'Reilly on Data

Machine learning adds uncertainty. Underneath this uncertainty lies further uncertainty in the development process itself. You might establish a baseline by replicating collaborative filtering models published by teams that built recommenders for MovieLens, Netflix, and Amazon.