DSC Weekly 12 December 2023

Announcements

  • Generative AI signifies a pivotal shift in today’s technological landscape. It promises profound insights, streamlined operations, and assistance with data-driven decisions on an unprecedented scale. However, GenAI also brings forth ethical and regulatory considerations that require attention for modern businesses seeking to capitalize on the still-evolving technology. Register for the Enterprise Strategy Group’s upcoming GenAI Summit​ to engage with thought leaders as they navigate the intricate dilemmas, evolving regulatory landscape, and responsible AI practices that maximize the benefits of GenAI technology and mitigate inherent risks and biases.​
  • Ransomware attacks show no signs of slowing down. This year marked a record-breaking year for ransomware attacks, as they surged 74% by the first three months of 2023. Organizations require not only a solid prevention plan, but they need established recovery solutions to ensure they bounce back from attacks that can cause irreparable economic and reputational damage. The newer and more treacherous modern threat landscape forces organizations to take a second look at cyber insurance and the security it can ensure against fallout from an attack. Join the upcoming Ransomware Preparedness: Strategies for a Secure Future summit to hear leading experts discuss actionable strategies to prevent ransomware attacks, mitigate damage, and select the best cyber insurance option for your organization.

Top Stories

  • AI and Justice in a Brave New World Part 2 – Humanizing AI
    December 9, 2023
    by Bill Schmarzo
    In part 1 of the series, “A Different AI Scenario: AI and Justice in a Brave New World,” we outlined some requirements for the role that AI would play in enforcing our laws and regulations in a more just and fair manner and what our human legislators must do to ensure those more just and fair outcomes.
  • An integration tax that every adult in the US pays
    December 8, 2023
    by Alan Morrison
    I live in Northern California and have a new primary care doctor now. My previous primary care doctor, who has since retired, was part of the Stanford Health Care (SHC) system. My new doctor is merely in a different SHC office.
  • Harness the power of an AI-powered forecasting model to revitalize your business
    December 8, 2023
    by John Lee
    Inventory management is crucial for businesses, but it can be tedious. It can make or break a business, regardless of its age. AI has revolutionized business management and inventory control. AI can now do more than just follow instructions. It can analyze inventory history, predict customer behavior, and anticipate business needs.
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In-Depth

  • Data science transformations for 2024 and beyond
    December 12, 2023
    by Aileen Scott
    Data science has come a long way! Using basic statistical models, 19th-century organizations gathered, stored, and processed data. Later, when computers entered the picture, the digital age started producing enormous volumes of data.
  • Maximizing marketing potential: The AI-driven revolution in outsourced digital marketing
    December 11, 2023
    by Evan Rogen
    In today’s digital marketing world, things are changing fast, and artificial intelligence (AI) is a big part of that. Companies want to stay ahead, so they’re smartly choosing to get help from outside experts in digital marketing who use AI tools.
  • Universal basic income and the gig economy: A combined policy approach to alleviate the challenges of AI
    December 11, 2023
    by Ajit Jaokar
    Much has been said about the economic impact of AGI, some of it is already been feltBut not much has been proposed about solutionsSpecifically, what approaches should policy makers take? Here, I propose that policy makers should encourage two key trends – together which could alleviate the issues of AI.
  • DSC Weekly 5 December 2023
    December 5, 2023
    by Scott Thompson
    Read more of the top articles from the Data Science Central community.
  • Decoding the Future: The Intersection of Advanced Analytics and Fraud Prevention in Revolutionizing Digital Payments
    December 5, 2023
    by John Lee
    In 2023, online payment fraud cost the world US$48 billion. Businesses prioritize fighting payment fraud and minimizing its financial and reputational damage. In addition to monetary losses, payment fraud can damage a customer’s trust and loyalty, as well as increase the scrutiny from regulators and law enforcement.
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