Responsible AI in Generative AI
Challenges, Strategies, and Emerging Regulations This session will explore responsible AI approaches for defining and managing Generative AI use cases, focusing on balancing organizational efficiency with system suitability. Key topics include aligning GenAI strategies with Responsible AI principles, addressing emerging regulatory requirements, and overcoming challenges in system risk management.
Delve into exclusive insight from Kevin Chung, Chief Strategy Officer at Writer, as he shares his journey and experiences at Writer. Gain an insider’s perspective on AI's role in the future of work, balancing innovation and risk, driving adoption, the challenges and opportunities ahead, and how organizations can prepare for an AI-driven future.
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In this conversation, we hear from Anuj Bindal, the General Manager and Director of Visual Shopping at Amazon, as he shares insights into Amazon's journey with Generative AI.
There is a worldwide wave of excitement around the revolutionary potential of generative AI.
On October 16th-19th 2023, that global buzz will be concentrated in Atlanta, Georgia, where experts from around the world will congregate for Generative AI Week, with topics under discussion including data leverage and balancing capability and risk.
One of Generative AI Week’s expert speakers – Khalil Maaouni, head of data and digital at Coca-Cola Bottlers Japan – is at the cutting edge of both those topics. He believes that one of generative AI’s key attributes is its potential to “dynamize access to data”. This involves making data “a lot more available faster” as well as “getting a pulse on what is being looked at in the company in terms of the context of data”.
According to Maaouni, this ability to explore the context of data means generative AI can fill important gaps in companies’ current capabilities.
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Organizations spanning a wide range of sectors are beginning to recognize the boundless opportunities and uses for generative AI in gaining a competitive edge. These possibilities are set to be explored in detail at Generative AI Week, taking place in Atlanta, Georgia, on October 16th-19th 2023.
Among the world’s foremost AI experts speaking at the event will be Daniel Hulme, Chief AI Officer at WPP. Hulme has a quarter of a century’s worth of experience in AI within academia. He is also entrepreneur in residence at University College London and has acted as an expert witness to the UK all-party parliamentary group on artificial intelligence. So when he talks about generative AI, it makes sense to listen. And significantly, he’s never been more excited about the power and potential of the technology than right now.
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While most enterprise businesses are running Generative AI pilot projects, typically they are taking a cautious approach to customer facing applications due to the reputational, financial and brand implications should something go wrong.
Booking.com are an example of a business that have already rolled out a customer facing product with Generative AI at its core, the AI Trip Planner. The planner incorporates the benefits of LLM’s with the value of their internal data, to deliver a differentiated product in the travel market.
In this interview with Charlotte Munro, Global Product Marketing – Generative AI at Booking.com she covers the business case behind the product, how they build the internal team that worked on it, the risks they faced and how they managed them, and the early feedback from their customers.
How did you assemble the team to create your first customer facing Generative AI products? What job functions were represented?
The media crescendo surrounding generative AI has reached such a pitch in recent months that it’s difficult to ascertain genuine insight from all the noise. This means it’s more important than ever to go directly to the experts working at the cutting edge to discover the true significance of the latest developments.
Well, the expert opinion is in: believe the hype, because “there’s a big change coming”.
That’s the view of Chris Booth, generative and conversational AI consultant and product owner for NatWest Group’s artificially intelligent agent: Cora.
So where are we now with generative AI, and where are we heading? When assessing the potential impact of generative AI and the disruption that could be coming down the line, Booth says it’s helpful to think in terms of where we are on the ‘sigma curve’.
“What I mean by that is, if we’re at the top, then most of the impact has already happened and we won’t see much change going forward,” he explains. “If we’re in the middle of the curve, then we can still expect to see generative AI applied to other technologies in the future. Or are we at the start of the sigma curve, with big changes to come?
“Overall,” he says, “that’s where I am – I think there’s a big change coming.”
Booth is one of the experts speaking at the Generative AI Summit, taking place at Hilton Syon Park, London, on 16th and 17th May 2023. He’ll be addressing the topic of what generative AI means for chatbots, drawing on his direct experience of working with NatWest’s Cora chatbot.
Powered by IBM Watson, Cora operates in the closed domain, which is where chatbots primarily exist – especially in large organisations – responding to action- or task-oriented questions such as, ‘Can you change my address?’
“It’s basically a large logic tree,” Booth explains. “This means we dictate what buttons are presented and then what button you click obviously changes your path. So that’s closed domain, and it works really well.”
However, closed domain and logic trees can have limitations, says Booth. “Multiple trees are brittle. They can become very difficult to manage and maintain as they grow at an exponential rate. And the larger the tree, the more links you have to manage and it’s a mess.”
But this is where generative AI has the potential to change things massively, Booth insists. While he admits that generative AI is “nothing new” in the natural language processing (NLP) space – and that it’s only in the last few years that models have become good enough to make generative AI “a contender” – Booth is excited by the potential for changes it could bring for the “opposite end” – the open domain.
He explains: “The open domain deals with questions like, ‘What did Obama do before he was president?’ – an open-ended question that can be difficult to answer. And that’s where logic trees really struggle to capture the potential scope and possibilities of how you can answer that question.
“So that’s where generative AI has huge potential for expansion, with the potential of opening new use cases for businesses to approach.”
However, there are challenges and possible drawbacks. Among them are transparency and explainability.
“Generative AI is usually powered by language models – deep AI machine learning,” Booth explains. “And these deep neural networks have billions and billions of parameters, which makes it difficult to distinguish and understand how the AI has come to its decisioning.”
Also, the language models can be prone to ‘hallucinations’ – which Booth describes as “a fancy word for outputting nonsensical and incorrect answers”. From a language model perspective, these can be very difficult to control, he says. And added to these issues are obstacles surrounding cost, privacy and data security.
But despite the challenges, Booth believes everyone will be putting generative AI to practical use at some point. “There’s going to be varying degrees of how quickly it happens. There are already plenty of startups based on ChatGPT and GPT-3. And there are small businesses in marketing, for example, that are going absolutely nuts with ways of slowly automating things.”
What’s more, opportunity is ripe for breakthroughs in the development of generative AI. “There’s the potential to make a massive impact,” Booth insists. And he’s hoping to realise that potential himself. He reveals: “I’ve got a project right now I can’t talk about in detail, but we’re trying to find ways to cover the gaps and weaknesses of language models. If we do, the implications are pretty large.”
Find out more about the big changes on the way at the Generative AI Summit.