Explaining Artificial Intelligence

The progress of artificial intelligence (AI) models over the past few years has happened faster than anyone expected. Maybe too fast? This interesting information came to us from New Scientist in their article, “How AI chatbots in search engines will completely change the internet.” One of the primary inhibitors to data science and ultimately AI has…

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Understanding and Preventing Fraud

Internet fraud, also known as online fraud or cyber fraud, has a significant impact on financial institutions. The rise of the internet and digital technologies has provided new avenues for criminals to engage in fraudulent activities, posing various challenges for banks, credit card companies, and other financial institutions. Detection of these attacks comes via two…

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Creating Commonality with Ontologies

Ontologies play a crucial role in artificial intelligence (AI) by providing a structured representation of knowledge within a specific domain. An ontology defines a set of concepts, their relationships, and their properties in effort to capture the essential knowledge for a particular matter. This interesting topic came to us from Yahoo! Finance in their article,…

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Is ChatGPT Here to Stay?

ChatGPT is a natural language processing tool driven by artificial intelligence (AI) technology that allows you to have human-like conversations and more with a chatbot. The language model can answer questions and assist with tasks such as composing emails, essays, and code. Harvard Business Review brought this topic to our attention in their article, “Generative AI Won’t Revolutionize Search…

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Cloud Computing and Generative AI

Over the years, cybersecurity threats have evolved significantly, from simple attacks like viruses and malware to complicated hacking techniques and ransomware attacks. As the cybersecurity landscape becomes more complex, the need for equally advanced defense mechanisms becomes paramount. Analytics Insight brought this to us in their article, “Enhancing Cybersecurity with Generative AI and Cloud Computing.” Is…

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Environmental Concerns Around AI

Everyone is talking artificial intelligence (AI) – new developments, unearthed fears, and the impact on society. What hasn’t arisen as much is the environmental impact of AI. New Scientist brought this interesting information to our attention in their article, “Artificial intelligence training is powered mostly by fossil fuels.“ AI has been cited as a potential…

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What Story Does Your Data Tell?

Data contains more than numbers, demographics, and sales figures. It tells a story about your customers, your employees, and your organizations as a whole. Lexology brought this important information to our attention in their article, “What does your data tell you? Role of data analysis in mapping out DE&I goals.” Every business wants to make…

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The Power of Data

Data governance is crucial for organizations and businesses for many reasons. It establishes guidelines and processes for data collection, storage, and management and ensures data accuracy, consistency and integrity. It specifically addresses issues such as data duplication, inconsistencies, and errors, leading to reliable and high-quality data. Accurate data is essential for informed decision-making, efficient operations,…

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Beyond the Fear

There has always been fear surrounding artificial intelligence (AI) and, with the recent advances using natural language processing (NLP) and chatbots, it has increased by quite a bit. There are, however, perpetual advances in science, and it’s up to us to find the benefits where we can. Analytics Insight brought this interesting information to our…

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