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May 20, 2023 By admin

Securing AI: How Businesses Navigate Risks with Generative AI Tools

As businesses increasingly look to leverage advanced artificial intelligence (AI) technologies, such as OpenAI’s ChatGPT, concerns about data security have emerged, prompting cautionary responses from major companies like Apple, JPMorgan Chase, and Verizon. These companies have even gone as far as banning the public version of ChatGPT to prevent potential data breaches and cyberattacks.

To mitigate these concerns, a host of new vendors are emerging, offering tools that protect sensitive data while securely enabling advanced AI. One example is CalypsoAI, which provides a tool that audits AI interaction, and another is Arthur AI, with a product that acts as a firewall for AI content. Meanwhile, companies with the necessary resources are exploring collaborations with AI creators to establish safer, private IT environments.

The investment in this area is expected to skyrocket, dwarfing last year’s $4.5 billion figure. Nvidia has also joined the race, launching NeMo Guardrails to help developers set usage limits on large-language models. Despite the growing safeguards, the decision to use AI ultimately boils down to the organization’s risk tolerance, underscoring the chief information officer’s role in guiding these strategic choices.

Generative AI Pilots Have Companies Reaching for the Guardrails, WSJ

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Filed Under: Uncategorized

November 4, 2022 By admin

How has the perspective of virtual learning changed after COVID?

Virtual Research Institute asked how people’s perspective of virtual learning had changed since so many more have experienced live online learning since the global pandemic. 47% of respondents said their perspective of virtual learning had improved, and 13% said they now believe virtual learning can be as successful as in-person learning.

Research showed that most organizations are not clear on the best practice for their virtual and hybrid design and delivery. Organizations need to focus on developing their best practices and training, development, coaching, and continuous feedback for their staff.

Participants positive about virtual learning – but can organisations really improve?

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Filed Under: Statistics

October 27, 2022 By admin

How Companies are Reskilling to Address Talent Gaps

In a McKinsey Global Survey on future workforce needs, nearly nine in ten executives and managers say their organizations either face skill gaps already or expect gaps to develop within the next five years. Many companies are using multiple tactics to close gaps, and reskilling efforts are paying off. Most respondents say their organizations consider it a priority to address skill shortages, but only some feel that their organizations understand how to equip themselves with the workforce skills they will need most.  The findings suggest that companies lack the talent they will need in the future: 44 percent of respondents say their organizations will face skill gaps within the next five years, and another 43 percent report existing skill gaps.

Companies should assess which skills their workforce currently has and which will be necessary for the future to enact strategies that help employees develop new capabilities. To close skill gaps, companies should consider hiring and reskilling employees, as well as providing explanations of the reskilling agenda to prepare the workforce for change. Build training capabilities and partnerships so that you can develop a broad range of workforce skills using multiple training techniques.

Beyond hiring: How companies are reskilling to address talent gaps

https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/beyond-hiring-how-companies-are-reskilling-to-address-talent-gaps

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Filed Under: Statistics

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