"AI regulation can miss the big picture of modeling best practices."
- Monitaur
June 2023 | What's new this month
Our case study with CAPE Analytics! The InsurTech industry has been booming, but with increasing and competing demand among data products, regulations, and compliance, companies in this space need help to provide evidence of governance for models in their AI. Monitaur is revolutionizing insurtech with simplified model governance.
The increasing concerns about AI and the need for regulations are prevalent. However, focusing on regulations specific to LLMs can miss the bigger picture. Model development best practices, financial services regulations, and global data privacy regulations already offer a huge foundation.
The newest AI Fundamentalists podcast is now LIVE! Take 30 minutes and hear about what's new and NOT new in the world of LLMs, regulations and data privacy in the future from the experts in AI at AI Fundamentalists
“Insurance should be the industry that leads all industries on demonstration of responsible and ethical AI governance,” he writes, noting that the measures insurers take internally aren’t just good business practices. They also position carriers to better evaluate—and backstop—the use of AI by other companies.
Understanding how AI language models react to slight changes in their inputs is vital for ensuring fairness and usefulness, but it's not an easy task. A new method called Contrastive Input Decoding (CID) has been introduced to shed light on these subtle differences by generating text that reflects the unique characteristics of two slightly different inputs, thus making the AI's responses more understandable and manageable.(from the TLDR AI Newsletter)
A bit of a different perspective this month from Marc Andreessen on why AI will save the world! This recent post highlights a few of the ways AI may be incredibly beneficial, calling out the doomsayers and several specific ways he sees AI changing our world for the better.
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