Description
Generative AI shows incredible promise for enterprise applications. The explosion of generative AI can be attributed to the convergence of several factors. Most significant is that the barrier to entry has dropped for AI application developers through customizable prompts (few-shot learning), enabling laypeople to generate high-quality content. The flexibility of models like ChatGPT and DALLE-2 have sparked curiosity and creativity about new applications that they can support. The number of tools will continue to grow in a manner similar to how AWS fueled app development. But excitement must be tampered by concerns about new risks imposed to business and society. Increased capability and adoption also increase risk exposure. As organizations explore creative boundaries of generative models, measures to reduce risk must be put in place. However, the enormous size of the input space and inherent complexity make this task more challenging than traditional ML models. In this session, we summarize the new risks introduced by the new class of generative foundation models through several examples, and compare how these risks relate to the risks of mainstream discriminative models. Steps …
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