- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-04-11T19:10:00
With generative artificial intelligence (AI) tools coming to the forefront, companies are confronting the question of how to safely and effectively use OpenAI’s ChatGPT, Microsoft’s new ChatGPT-powered Bing, and Google’s Bard.
If your firm implements other AI tools like algorithms that sift massive data sets or frameworks to vet the value of a digital acquisition, you’ve already got a template. It’s just a matter of asking the right questions.
Generative AI is a type of technology that can take actions from past data with the ability to create “brand-new content—a text, an image, even computer code—instead of simply categorizing or identifying data like other AI,” Reuters reported.
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2024-06-07T21:51:00Z By Aaron Nicodemus
Warning of an “eventual reckoning” on artificial intelligence use by financial institutions, the acting head of the Office of the Comptroller of the Currency said the industry should learn lessons on how similar disruptive technologies evolved from being helpful to dangerous.
2023-05-02T19:30:00Z By Adrianne Appel
The Federal Trade Commission is closely tracking company use of artificial intelligence tools for possible rule violations involving deception, discrimination, excessive manipulation, or unfairness.
2023-04-26T15:23:00Z By Neil Hodge
Scrutiny into ChatGPT has reignited concerns the General Data Protection Regulation is either stifling innovations in technology or that the legislation is not flexible enough to keep pace with technological advances. Experts weigh in.
2025-03-10T20:56:00Z By Adrianne Appel
The public reported a 25 percent increase in losses–totaling more than $12.5 billion in 2024–to investment scams, tech rip-offs, and general fraud, according to an analysis by the Federal Trade Commission.
2025-01-08T17:13:00Z By Jeff Dale
Portuguese bank Novo Banco, S.A., fired Chief Risk Officer Carlos Jorge Ferreira Brandão “with just cause” after an internal probe discovered “suspicious financial transactions” in his sphere.
2024-12-30T14:57:00Z By Aaron Nicodemus
A prominent risk management firm has issued its predictions for the top five risks for business in 2025, along with guidance for how organizations should prepare and respond.
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