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How Private Equity Firms Can Manage Uncertainty With Scenario Modeling

Jedox

Swift changes are forcing management to rethink operating models. In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. This requires modeling, not casual empiricism. 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

The world changed on November 30, 2022 as surely as it did on August 12, 1908 when the first Model T left the Ford assembly line. Today, we have dozens of organizations that publish AI principles, but they provide little detailed guidance. The hand wringing soon began. Should we risk loss of control of our civilization?”

Metrics 284
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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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VMware customers take wait-and-see approach amid Broadcom changes

CIO Business Intelligence

Tan published a long blog post defending the changes on April 15, suggesting that consumer concerns aren’t going away. Early in this process, I concluded that the previous go-to-market model was too complex and costly for VMware and its customers,” Tan wrote. “It That decision, Cotter says, could drive away potential customers.

Marketing 113
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What you need to know about product management for AI

O'Reilly on Data

Instead of writing code with hard-coded algorithms and rules that always behave in a predictable manner, ML engineers collect a large number of examples of input and output pairs and use them as training data for their models. Machine learning adds uncertainty. Models also become stale and outdated over time.

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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. Systems should be designed with bias, causality and uncertainty in mind. For example, training an interview screening model using education data often contains gender information. Model Drift. System Design.

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How CFOs Can Lead With Foresight

Jedox

The unprecedented uncertainty forced companies to make critical decisions within compressed time frames. Many pre-crisis business assumptions and planning models became outmoded overnight. Using these drivers as an overlay to stress-test models add robustness to forecasting and can identify exposure and risks to long-term stability.