Luiza Jarovsky’s Post

🤔 How do we ensure our algorithms work as intended? The latest from MIT Sloan Management Review explores new frameworks for auditing algorithmic risk. A valuable read for anyone involved in deploying AI tools....Auditing Algorithmic Risk https://bit.ly/4eyccCK #govtech #AI #genAI

When the Due Diligence not only based on algorithms, and also rely on the footprint and knowledge graph plotted by AI, this is amazing to have the summary and analysis completed in such a quick way.

Dow Jones new Integrity Check platform uses generative AI to streamline the due diligence process. Reports that used to take hours for an analyst to compile now takes only minutes, freeing up valuable resources. Truly a transformative tool for risk and compliance practitioners! #Innovation #AI #DueDiligence

How do we know whether algorithmic systems are working as intended? A set of simple frameworks can help even nontechnical organizations check the functioning of their #AI tools. Auditing Algorithmic Risk Cathy O’Neil, Jake Appel, and Sam Tyner-Monroe at MIT Sloan Management Review explain how you can practically apply auditing frameworks to your algorithms, LLMs, Machine Learning, and similar #technology to minimize your risk. 1: Ethical Matrix: Identifying the Worst-Case Scenarios In a given use case, how could an algorithm fail, and for whom? The Ethical Matrix identifies the stakeholders of the algorithm in the context of its intended use, and how they are likely to be affected by it. 2: Explainable Fairness. Many of the stakeholder concerns identified in the Ethical Matrix refer to some contextual notion of fairness. A framework called Explainable Fairness is used to measure how groups are treated by algorithmic systems. 3: Benchmarking approach to LLMs Benchmarking measures the performance of an LLM across one or more predefined, quantifiable tasks in order to compare its performance with that of other models. How well does your #Strategy consider future risks and impacts related to technology? Strategy is Mastery. https://lnkd.in/dKs52zP9

Empower your risk management workflows with next-level #DueDiligence

A powerful automated investigative due diligence tool, introducing Dow Jones Integrity Check! Generate a multi-sourced report in as little as 5 minutes.

"...Artificial intelligence, large language models (LLMs), and other algorithms are increasingly taking over bureaucratic processes traditionally performed by humans, whether it’s deciding who is worthy of credit, a job, or admission to college, or compiling a year-end review or hospital admission notes. "But how do we know that these systems are working as intended? And who might they be unintentionally harming? "Given the highly sophisticated and stochastic nature of these new technologies, we might throw up our hands at such questions. After all, not even the engineers who build these systems claim to understand them entirely or to know how to predict or control them. But given their ubiquity and the high stakes in many use cases, it is important that we find ways to answer questions about the unintended harms they may cause. In this article, we offer a set of tools for auditing and improving the safety of any algorithm or AI tool, regardless of whether those deploying it understand its inner workings..." ---MIT Sloan Management Review (Source: https://lnkd.in/gfaX2G58) #ai #algorithmicrisk #auditingrisk #largelanguagemodels

Discover How AI Transforms Risk Extraction from Documents - Sign Up to Watch On-Demand! 🚀 Dive into the Future: Risk Extraction from Documents with AI Are you ready to transform your approach to risk management through the power of Artificial Intelligence? Our on-demand online workshop, “Risk Extraction from Documents with AI,” is here to guide you through this cutting-edge methodology. Whether you’re vigilant about compliance, actively involved in due… Continue reading https://lnkd.in/evZ35yDR

Discover How AI Transforms Risk Extraction from Documents - Sign Up to Watch On-Demand! 🚀 Dive into the Future: Risk Extraction from Documents with AI Are you ready to transform your approach to risk management through the power of Artificial Intelligence? Our on-demand online workshop, “Risk Extraction from Documents with AI,” is here to guide you through this cutting-edge methodology. Whether you’re vigilant about compliance, actively involved in due… Continue reading https://lnkd.in/eWZsq2vh

From its roots in the 1950s to a 2023 breakthrough, generative AI is now transforming text, image, code, and data analysis. 💡 How is the public sector balancing innovation and security in this rapidly evolving landscape? #AI #ArtificialIintelligence #publicsector #riskmitigation