Navigating the Complexities of AI With a Socially Conscious Lens

By Chris McGugan As artificial intelligence (AI) increasingly infiltrates every facet of our lives and businesses, it is facing growing scrutiny for its ethical implications. Many, including those who have played significant roles in developing […]

Machine learning methods to protect banks from the risks of complex investment products

Artificial Intelligence is frequently touted as a silver bullet to solve complex modeling problems. Among its many applications, it has been investigated as a tool to manage risks of complex investment products—so-called derivative contracts—in the […..

Memorisation: the deep problem of Midjourney, ChatGPT, and friends

If we ask GPT to get us “that poem that compares the loved one to a summer’s day” we want it to produce the actual Shakespeare Sonnet 18, not some confabulation. And it does. It has memorised this part of the training data. This is both sought-after an…