Kadir Tas’ Post

Nice concise introductory 42 pages of AI

𝗜𝗻𝘁𝗲𝗿𝗽𝗿𝗲𝘁𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗹𝗲𝘅 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 𝘄𝗶𝘁𝗵 𝗖𝗼𝗻𝘁𝗲𝘅𝘁𝘂𝗮𝗹𝗹𝘆 𝗔𝘄𝗮𝗿𝗲 𝗔𝗜 ACE is one of the first to develop cutting edge application of #GenAI to our field of expertise, #Regulatory Change. Our expertise and frameworks, and a deep understading of your workflow make the difference. Read all about it below! #Dora #CSRD #AiAct #impact

𝐒𝐞𝐢𝐳𝐢𝐧𝐠 𝐭𝐡𝐞 𝐀𝐈 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞: 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧𝐭𝐨 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 Imagine being at the doorstep of technologies changing industries and redefining business experiences—a time when regulatory issues could become excellent opportunities for innovation, efficiency and growth. 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐧𝐨𝐭 𝐩𝐢𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐤𝐲. 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐡𝐚𝐩𝐩𝐞𝐧𝐢𝐧𝐠 𝐧𝐨𝐰. From a German factory floor where machines talk and predict their maintenance to a London lab where AI enables years of medical research to be done in hours to the New York financial district where complex agreements are processed in seconds, we are seeing a fundamental shift. AI is not just a technology upgrade; it's a complete rethinking of what business can do. In this four-part series, we will take you on a journey through the reality of artificial intelligence. In fact, we will show you how forward-thinking organisations are not waiting for AI to speed up their productivity but are using the technology to create sustainable competitive advantages. Real-world case studies from healthcare, banking, manufacturing and beyond will demonstrate the strategic insights that can put a company in the unique market leader category rather than the alternative. The EU AI Act is not a barrier but a blueprint for innovative responsibility. It’s a once-in-a-generation chance for the brave to shape your industry's future. 𝐀𝐫𝐞 𝐲𝐨𝐮 𝐫𝐞𝐚𝐝𝐲 𝐭𝐨 𝐭𝐮𝐫𝐧 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧𝐭𝐨 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬? 𝐋𝐞𝐭’𝐬 𝐠𝐨: https://lnkd.in/dwanJBTY #AI #Insurance #AIInnovation #AITransformation #EUAIAct #BusinessStrategy #TechTrends #AICompetitiveAdvantage #DigitalTransformation #AIEthics #FutureOfWork #IndustryInnovation #AILeadership #TechnologyStrategy #BusinessIntelligence #AIRegulation #EmergingTech #InnovationStrategy #DataDriven #AIAdoption #CorporateInnovation #TechLeadership #MachineLearning #GenerativeAI #GenAI #AIadoption #AIGovernance #EnterpriseAI #AIStrategy #ThoughtLeadershipFromEncora

Is AI Governance Your Company's Blind Spot? The financial and reputational stakes for businesses using AI systems that perpetuate or even generate inaccuracies are undeniably high, perhaps critically so. In a climate where AI's influence on operations and output continues to expand, the discussion around AI governance cannot be overlooked. The recent article "The AI Governance Elephant In The Room" underscores a pivotal concern that's been simmering beneath the surface for far too long. As companies increasingly integrate AI into their core functions, the urgency for robust governance frameworks becomes paramount. The potential for AI systems to disseminate or create false information poses a significant risk to a company's bottom line and standing among stakeholders. I wholeheartedly agree with the sentiments expressed in the article. Establishing stringent AI governance is not merely a compliance necessity; it's a strategic imperative. In the absence of strict oversight, the repercussions could range from financial penalties to severe reputational damage. The call to action is clear. It's time for organizations to prioritize AI governance, embed it into their strategic planning, and ensure its alignment with broader ethical considerations. Doing so will not only mitigate risks but also enhance trust in AI applications, paving the way for more responsible and sustainable technological advancement. For a deeper dive into why AI governance is a critical issue businesses cannot afford to ignore. Navigating the complexities of AI implementation demands a balanced approach, where innovation is matched with accountability. Let's make AI governance a cornerstone of our digital transformation strategies. looking for interesting AI content? Dive into our blog on www.ellogy.ai #ellogy #contentgeneration #AIsoftwaredevelopment #AIbusinessanalyst #GenerativeCoding #AIDocumentation #SoftwareDevelopment Check this out: https://lnkd.in/dqS3zS7s

AI governance is essential for balancing innovation and adoption with the protection of business/customes interests and ensuring that AI technologies contribute positively to society. Let's us work together to kickstart your governance journey. #EthicalAI #ResponsibleAI #TechForGood

𝐒𝐨𝐦𝐞 𝐀𝐈 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐛𝐞𝐬𝐭 𝐩𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬 Here are some best practices for setting up AI Governance in your organisation: 》𝐀𝐥𝐢𝐠𝐧 𝐰𝐢𝐭𝐡 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 Ensure your AI Governance aligns with your company's strategy, values, and vision. This will help integrate AI responsibly into your business. 》𝐓𝐚𝐢𝐥𝐨𝐫 𝐭𝐨 𝐘𝐨𝐮𝐫 𝐍𝐞𝐞𝐝𝐬 Customize the governance structure to fit the size and complexity of your company. Assess the unique AI risks you face. 》𝐌𝐚𝐤𝐞 𝐢𝐭 𝐚 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬 𝐏𝐫𝐨𝐜𝐞𝐬𝐬 AI Governance should be an ongoing process. Adapt it as your market, regulations, and customer expectations change over time. 》𝐈𝐧𝐯𝐨𝐥𝐯𝐞 𝐂𝐫𝐨𝐬𝐬-𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐱𝐩𝐞𝐫𝐭𝐬 Form a working group with members from legal, business, communication, technology, and security backgrounds. This diverse perspective is key. 》𝐓𝐫𝐚𝐢𝐧 𝐚𝐧𝐝 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐞 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐥𝐥𝐲 Educate all relevant employees on the AI Governance rules and principles. This will help ensure consistent implementation across the organisation. These best practices, will help you establish a robust and effective AI Governance tailored to your company's needs. ______________________ Follow me Remy Takang Arrey, CAPA, LL.M, MSc. for more posts like this!

𝗜𝗻𝘁𝗲𝗿𝗽𝗿𝗲𝘁𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗹𝗲𝘅 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 𝘄𝗶𝘁𝗵 𝗖𝗼𝗻𝘁𝗲𝘅𝘁𝘂𝗮𝗹𝗹𝘆 𝗔𝘄𝗮𝗿𝗲 𝗔𝗜 🎯 Interpreting and applying complex regulatory requirements without advanced AI support can result in misunderstandings, non-compliance, and missed opportunities for optimisation. Financial institutions often struggle to keep up with the rapid pace of regulatory changes and the intricacies involved in interpreting these changes correctly. Misinterpretation of regulations can lead to costly compliance failures and missed strategic opportunities. The complexity of regulatory requirements demands a deep understanding and precise application, which is challenging without advanced tools and support. At ACE + Company, we are revolutionising the financial industry with our AI-enabled solutions. Bring your regulatory requirements to life with a contextually aware Conversational AI, built upon a combination of deep regulatory expertise and cutting-edge AI technology. 𝗘𝗻𝗵𝗮𝗻𝗰𝗲 𝗬𝗼𝘂𝗿 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 🚀 In today's dynamic regulatory environment, achieving compliance is more vital than ever. Our RegAI platform revolutionises regulatory change management, making it more effective and streamlined. By harnessing AI, we allow for in-depth exploration of regulations, ensuring full compliance and understanding. Our solution addresses the complexities of regulatory adherence, reducing the 'regulatory fatigue' that financial institutions often encounter. At ACE, we are committed to bringing innovative AI-enabled services for your most challenging regulatory deadlines. Don’t miss out - join our Early Adopter program to: 🔸 𝘈𝘤𝘤𝘦𝘭𝘦𝘳𝘢𝘵𝘦 𝘠𝘰𝘶𝘳 𝘙𝘦𝘨𝘶𝘭𝘢𝘵𝘰𝘳𝘺 𝘊𝘩𝘢𝘯𝘨𝘦: Speed up your compliance processes and stay ahead of industry changes. 🔸 𝘚𝘢𝘷𝘦 𝘛𝘪𝘮𝘦, 𝘙𝘦𝘴𝘰𝘶𝘳𝘤𝘦𝘴, 𝘢𝘯𝘥 𝘔𝘰𝘯𝘦𝘺: Optimize your operations and reduce the burden of regulatory tasks. 🔸 𝘎𝘦𝘵 𝘈𝘩𝘦𝘢𝘥 𝘰𝘧 𝘵𝘩𝘦 𝘊𝘶𝘳𝘷𝘦: Be proactive and innovative in your approach to compliance. Don’t miss out on the opportunity to transform your regulatory change management and reach out to Nick, Janco or Arthur. Sign up today to join our Early Adopter program: https://lnkd.in/esqMvRFR #Impact #RegulatoryChange #GenAI #AI #RegulatoryIntelligence #RegulatoryLineage #RegAI

The world of financial reporting is undergoing a profound transformation, and AI is at the heart of this change. A recent KPMG report reveals that nearly 72% of companies are already piloting or selectively using #AI in their #financialreporting, with that number expected to skyrocket to 99% within the next three years. 🔍 AI empowers organizations with real-time risk identification, anomaly detection, and trend prediction – giving decision-makers a clearer picture than ever before. Imagine making better, faster, and more data-driven decisions. ⏳ By automating mundane tasks and analyzing vast datasets, AI reduces human error and enhances the precision of financial reporting. Over two-thirds of companies now expect their auditors to use AI for data analysis and fraud detection, highlighting the trust businesses place in these technologies. 💡 Generative AI is set to revolutionize financial audits with predictive insights, faster delivery, and deeper #dataanalysis. In fact, 57% of companies plan to implement #GenAI for financial reporting within three years, leading to even more dynamic and responsive processes. The future is now, and the companies that embrace AI are already reaping significant benefits. But, as with any #technology, #ethical considerations and robust frameworks are crucial to its responsible deployment.

Exciting Update from the FCA on AI in Financial Services 👇 At the Financial Conduct Authority, our commitment to fostering innovation while ensuring safety and responsibility in financial services remains stronger than ever. With AI rapidly transforming the landscape, our latest AI Update report is a crucial touchstone for our strategy moving forward. The report lays out some of our work to day, the approach we are taking and our plans for the next 12 months. Some highlights include 👇 💡 What's New? - We've published a technology-agnostic, principles-based regulatory approach that prioritizes safety, fairness, and innovation. - Our upcoming projects include the third edition of our machine learning survey and a pilot for an AI & Digital Hub, fostering close collaboration across industry and regulatory bodies. 🌐 Global Engagement - The UK continues to be at the forefront, leveraging its strong educational and institutional frameworks to lead on AI safety and ethics globally. - We are actively participating in international forums to align AI regulations that protect consumers and enhance market integrity. 🔍 Innovation at the Core - Our TechSprints and Regulatory Sandbox have been instrumental in testing AI applications safely. - The new digital hub in Leeds and the recruitment of over 75 data scientists underscore our commitment to being a data-led regulator, using advanced technologies. 🤝 Looking Ahead - We aim to refine our understanding of AI's impact on markets, ensuring our regulatory framework evolves responsively. - Collaboration remains key; we are working alongside the Bank of England, PSR, Digital Regulation Cooperating Forum, and global partners to ensure our approach to AI is robust and proactive. 🔗 https://lnkd.in/eyWm4FdW Join us as we navigate this exciting frontier. Your insights and engagement on how AI can continue to transform the financial sector are invaluable. Let's shape a safer, more innovative future together! #FCA #FinancialServices #Innovation #ArtificialIntelligence #Regulation #DigitalTransformation

Executive Summary The report titled “AI Model Registries: A Foundational Tool for AI Governance” was authored by Elliot Mckernon, Gwyn Glasser, Deric Cheng, and Gillian K. Hadfield. The authors are leading experts in #AIpolicy, #governance, and legal frameworks. This report was prepared for Convergence Analysis, aiming to address the growing need for comprehensive #AIgovernance tools as frontier #AImodels continue to evolve. The report focuses on the development and implementation of national AI model registries as essential instruments for managing the #risks and governance of frontier #AIsystems. It examines how these registries can provide governments with much-needed visibility into #AItechnologies, support regulatory enforcement, and foster #publicsector knowledge in AI governance. Key Findings 1. Governance Tool for AI Oversight: The central recommendation is that AI model registries would enable governments to monitor AI models’ development, deployment, and risk profiles. Registries, similar to those in other regulated industries, would serve as a foundational step in legal action and accountability. 2. Regulatory Benefits and Risks: The report identifies specific benefits of implementing AI registries, such as improved safety, accountability, and transparency in AI development. However, it also acknowledges potential challenges, including the need to balance innovation with oversight and the risk of overburdening AI developers with excessive reporting requirements. Quantitative Highlights • The report cites that $337 billion was invested globally in AI development by 2021, demonstrating the rapid growth of the field. • It also estimates that AI models capable of autonomous actions, such as self-replication, could exponentially increase governance risks, underscoring the need for real-time monitoring and registration. Conclusion AI model registries offer a critical solution for managing the #emergingchallenges posed by advanced AI technologies. By establishing clear guidelines and maintaining comprehensive oversight, governments can mitigate risks while still supporting #innovation. As the report outlines, careful design and implementation of these registries will ensure that AI governance is brought up to par with other high-impact industries, creating a safer and more transparent technological landscape.