相关论文: Model Risk Management for Generative AI In Financi…
Generative Artificial Intelligence (GenAI) is rapidly reshaping the global financial landscape, offering unprecedented opportunities to enhance customer engagement, automate complex workflows, and extract actionable insights from vast…
In recent months, the social impact of Artificial Intelligence (AI) has gained considerable public interest, driven by the emergence of Generative AI models, ChatGPT in particular. The rapid development of these models has sparked heated…
We give an overview on the emerging applications of GenAI in the financial industry, especially within investment banks. Inherent to these exciting opportunities is a new realm of risks that must be managed properly. By heeding both the Yin…
Large Language Model (LLMs) such as ChatGPT that exhibit generative AI capabilities are facing accelerated adoption and innovation. The increased presence of Generative AI (GAI) inevitably raises concerns about the risks and safety…
AI systems have found a wide range of application areas in financial services. Their involvement in broader and increasingly critical decisions has escalated the need for compliance and effective model governance. Current governance…
Ever since the launch of ChatGPT, Generative AI has been a focal point for concerns about AI's perceived existential risk. Once a niche topic in AI research and philosophy, AI safety and existential risk has now entered mainstream debate…
Generative Artificial Intelligence (GenAI), specifically large language models (LLMs) like ChatGPT, has swiftly entered organizations without adequate governance, posing both opportunities and risks. Despite extensive debate on GenAI's…
Generative AI models are capable of performing a wide variety of tasks that have traditionally required creativity and human understanding. During training, they learn patterns from existing data and can subsequently generate new content…
The outlook for the future of artificial intelligence (AI) in the financial sector, especially in financial forecasting, the challenges and implications. The dynamics of AI technology, including deep learning, reinforcement learning, and…
Increasingly multi-purpose AI models, such as cutting-edge large language models or other 'general-purpose AI' (GPAI) models, 'foundation models,' generative AI models, and 'frontier models' (typically all referred to hereafter with the…
Undoubtedly, the evolution of Generative AI (GenAI) models has been the highlight of digital transformation in the year 2022. As the different GenAI models like ChatGPT and Google Bard continue to foster their complexity and capability,…
Applications of Generative AI (Gen AI) are expected to revolutionize a number of different areas, ranging from science & medicine to education. The potential for these seismic changes has triggered a lively debate about the potential risks…
In the next few years, applications of Generative AI are expected to revolutionize a number of different areas, ranging from science & medicine to education. The potential for these seismic changes has triggered a lively debate about…
The recent release of ChatGPT has gained huge attention and discussion worldwide, with responsible AI being a key topic of discussion. How can we ensure that AI systems, including ChatGPT, are developed and adopted in a responsible way? To…
As generative AI systems, including large language models (LLMs) and diffusion models, advance rapidly, their growing adoption has led to new and complex security risks often overlooked in traditional AI risk assessment frameworks. This…
This article explores the potential of generative AI (GenAI) to support actuarial practice through four implemented case studies. It situates these case studies within the broader evolution of artificial intelligence in actuarial science,…
We explore the value of generative AI tools, such as ChatGPT, in helping investors uncover dimensions of corporate risk. We develop and validate firm-level measures of risk exposure to political, climate, and AI-related risks. Using the GPT…
As generative large model capabilities advance, safety concerns become more pronounced in their outputs. To ensure the sustainable growth of the AI ecosystem, it's imperative to undertake a holistic evaluation and refinement of associated…
Globally, artificial intelligence (AI) implementation is growing, holding the capability to fundamentally alter organisational processes and decision making. Simultaneously, this brings a multitude of emergent risks to organisations,…
To responsibly develop Generative AI (GenAI) products, it is critical to define the scope of acceptable inputs and outputs. What constitutes a "safe" response is an actively debated question. Academic work puts an outsized focus on…