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Book Responsible AI in the Age of Generative Models

Download or read book Responsible AI in the Age of Generative Models written by I. Almeida and published by Now Next Later AI. This book was released on 2024-03-11 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: In "Responsible AI in the Age of Generative Models: Governance, Ethics and Risk Management" we present a comprehensive guide to navigating the complex landscape of ethical AI development and deployment. As generative AI systems become increasingly powerful and ubiquitous, it is crucial to develop governance frameworks that mitigate potential risks while harnessing the technology's transformative potential. This book presents a rights-based approach, grounded in established human rights frameworks, to align AI systems with societal values and expectations. Divided into ten parts, the book covers a wide range of topics essential for responsible AI governance: Part I maps generative AI risks to specific human rights, while Part II presents a framework for institutionalizing rights-respecting AI practices throughout the development lifecycle. Part III delves into responsible data governance practices, and Part IV examines participatory approaches to data stewardship. Part V explores the roles and responsibilities of different organizational functions in operationalizing responsible AI, emphasizing the need for cross-functional collaboration. Transparency and algorithmic auditing are the focus of Part VI, followed by Part VII, which provides guidance on implementing effective multi-layered governance across the AI system lifecycle. Part VIII introduces maturity models for assessing an organization's responsible AI capabilities, and Part IX features an in-depth case study of Anthropic's innovative Constitutional AI approach. Finally, Part X analyzes emerging regulatory frameworks such as the EU AI Act and discusses the implications for businesses operating in multiple jurisdictions. "Responsible AI in the Age of Generative Models" equips readers with the knowledge, tools, and strategies needed to unlock the transformative potential of generative models while safeguarding human rights and promoting social justice. It is an essential resource for business leaders, policymakers, researchers, and anyone concerned about the future of AI governance. By embracing responsible AI as an imperative, we can work together to build a world where AI empowers and uplifts us all. This book is an invitation to engage in that critical conversation and take action towards a more equitable future.

Book Trustworthy AI

    Book Details:
  • Author : Beena Ammanath
  • Publisher : John Wiley & Sons
  • Release : 2022-03-15
  • ISBN : 1119867959
  • Pages : 230 pages

Download or read book Trustworthy AI written by Beena Ammanath and published by John Wiley & Sons. This book was released on 2022-03-15 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential resource on artificial intelligence ethics for business leaders In Trustworthy AI, award-winning executive Beena Ammanath offers a practical approach for enterprise leaders to manage business risk in a world where AI is everywhere by understanding the qualities of trustworthy AI and the essential considerations for its ethical use within the organization and in the marketplace. The author draws from her extensive experience across different industries and sectors in data, analytics and AI, the latest research and case studies, and the pressing questions and concerns business leaders have about the ethics of AI. Filled with deep insights and actionable steps for enabling trust across the entire AI lifecycle, the book presents: In-depth investigations of the key characteristics of trustworthy AI, including transparency, fairness, reliability, privacy, safety, robustness, and more A close look at the potential pitfalls, challenges, and stakeholder concerns that impact trust in AI application Best practices, mechanisms, and governance considerations for embedding AI ethics in business processes and decision making Written to inform executives, managers, and other business leaders, Trustworthy AI breaks new ground as an essential resource for all organizations using AI.

Book DATA ENGINEERING IN THE AGE OF AI GENERATIVE MODELS AND DEEP LEARNING UNLEASHED

Download or read book DATA ENGINEERING IN THE AGE OF AI GENERATIVE MODELS AND DEEP LEARNING UNLEASHED written by Siddharth Konkimalla and published by BUDHA PUBLISHER. This book was released on with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: .The advances in data engineering technologies, including big data infrastructure, knowledge graphs, and mechanism design, will have a long-lasting impact on artificial intelligence (AI) research and development. This paper introduces data engineering in AI with a focus on the basic concepts, applications, and emerging frontiers. As a new research field, most data engineering in AI is yet to be properly defined, and there are abundant problems and applications to be explored. The primary purpose of this paper is to expose the AI community to this shining star of data science, stimulate AI researchers to think differently and form a roadmap of data engineering for AI. Since this is primarily an informal essay rather than an academic paper, its coverage is limited. The vast majority of the stimulating studies and ongoing projects are not mentioned in the paper.

Book Human   Machine

    Book Details:
  • Author : Paul R. Daugherty
  • Publisher : Harvard Business Press
  • Release : 2018-03-20
  • ISBN : 1633693872
  • Pages : 268 pages

Download or read book Human Machine written by Paul R. Daugherty and published by Harvard Business Press. This book was released on 2018-03-20 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: AI is radically transforming business. Are you ready? Look around you. Artificial intelligence is no longer just a futuristic notion. It's here right now--in software that senses what we need, supply chains that "think" in real time, and robots that respond to changes in their environment. Twenty-first-century pioneer companies are already using AI to innovate and grow fast. The bottom line is this: Businesses that understand how to harness AI can surge ahead. Those that neglect it will fall behind. Which side are you on? In Human + Machine, Accenture leaders Paul R. Daugherty and H. James (Jim) Wilson show that the essence of the AI paradigm shift is the transformation of all business processes within an organization--whether related to breakthrough innovation, everyday customer service, or personal productivity habits. As humans and smart machines collaborate ever more closely, work processes become more fluid and adaptive, enabling companies to change them on the fly--or to completely reimagine them. AI is changing all the rules of how companies operate. Based on the authors' experience and research with 1,500 organizations, the book reveals how companies are using the new rules of AI to leap ahead on innovation and profitability, as well as what you can do to achieve similar results. It describes six entirely new types of hybrid human + machine roles that every company must develop, and it includes a "leader’s guide" with the five crucial principles required to become an AI-fueled business. Human + Machine provides the missing and much-needed management playbook for success in our new age of AI. BOOK PROCEEDS FOR THE AI GENERATION The authors' goal in publishing Human + Machine is to help executives, workers, students and others navigate the changes that AI is making to business and the economy. They believe AI will bring innovations that truly improve the way the world works and lives. However, AI will cause disruption, and many people will need education, training and support to prepare for the newly created jobs. To support this need, the authors are donating the royalties received from the sale of this book to fund education and retraining programs focused on developing fusion skills for the age of artificial intelligence.

Book Responsible Artificial Intelligence

Download or read book Responsible Artificial Intelligence written by Virginia Dignum and published by Springer Nature. This book was released on 2019-11-04 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, the author examines the ethical implications of Artificial Intelligence systems as they integrate and replace traditional social structures in new sociocognitive-technological environments. She discusses issues related to the integrity of researchers, technologists, and manufacturers as they design, construct, use, and manage artificially intelligent systems; formalisms for reasoning about moral decisions as part of the behavior of artificial autonomous systems such as agents and robots; and design methodologies for social agents based on societal, moral, and legal values. Throughout the book the author discusses related work, conscious of both classical, philosophical treatments of ethical issues and the implications in modern, algorithmic systems, and she combines regular references and footnotes with suggestions for further reading. This short overview is suitable for undergraduate students, in both technical and non-technical courses, and for interested and concerned researchers, practitioners, and citizens.

Book Artificial Intelligence in the Age of Nanotechnology

Download or read book Artificial Intelligence in the Age of Nanotechnology written by Jaber, Wassim and published by IGI Global. This book was released on 2023-12-07 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the world of academia, scholars and researchers are confronted with a rapidly expanding knowledge base in Artificial Intelligence (AI) and nanotechnology. The integration of these two groundbreaking fields presents an intricate web of concepts, innovations, and interdisciplinary applications that can overwhelm even the most astute academic minds. Staying up to date with the latest developments and effectively navigating this complex terrain has become a pressing challenge for those striving to contribute meaningfully to these fields. Artificial Intelligence in the Age of Nanotechnology is a transformative solution meticulously crafted to address the academic community's knowledge gaps and challenges. This comprehensive book serves as the guiding light for scholars, researchers, and students grappling with the dynamic synergy between AI and Nanotechnology. It offers a structured and authoritative exploration of the core principles and transformative applications of these domains across diverse fields. By providing clarity and depth, it empowers academics to stay at the forefront of innovation and make informed contributions.

Book Ethics of Artificial Intelligence

Download or read book Ethics of Artificial Intelligence written by S. Matthew Liao and published by Oxford University Press, USA. This book was released on 2020 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should a self-driving car prioritize the lives of the passengers over the lives of pedestrians? Should we as a society develop autonomous weapon systems that are capable of identifying and attacking a target without human intervention? What happens when AIs become smarter and more capable than us? Could they have greater than human moral status? Can we prevent superintelligent AIs from harming us or causing our extinction? At a critical time in this fast-moving debate, thirty leading academics and researchers at the forefront of AI technology development come together to explore these existential questions, including Aaron James (UC Irvine), Allan Dafoe (Oxford), Andrea Loreggia (Padova), Andrew Critch (UC Berkeley), Azim Shariff (Univ. .

Book Academic Integrity in the Age of Artificial Intelligence

Download or read book Academic Integrity in the Age of Artificial Intelligence written by Mahmud, Saadia and published by IGI Global. This book was released on 2024-02-13 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Powerful generative Artificial Intelligence (AI) has defined and transformed our modern era, and the fundamental conceptualization of academia stands at a crossroads. Academic Integrity in the Age of Artificial Intelligence delves deep into the seismic shifts and intricate challenges brought forth by the proliferation of AI technologies, exploring the intricacies between innovation and integrity. The rise of generative AI, exemplified by ChatGPT, has set a cascade of change across diverse sectors, including higher education, medicine, and the arts. This book dissects the multifaceted impact of AI on the academic landscape. With AI's ability to craft text and imagery mirroring human creativity, the lines between authentic scholarship and synthetic deception blur. The book examines the delicate balance between productivity and ethics while weaving a comprehensive tapestry of insights from various stakeholders. From academics grappling with the definition of AI-assisted breaches of academic integrity to policymakers reshaping the future of higher education, this book engages a myriad of voices. It scrutinizes the nascent challenges in assessment design, the urgent need to update antiquated integrity policies, and the importance of research ethics in an AI-driven world. This book is ideal for educators, policymakers, students, and technologists through the complicated terrain of AI ethics.

Book The Potential of Generative AI

Download or read book The Potential of Generative AI written by Divit Gupta and published by BPB Publications. This book was released on 2024-01-06 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unveiling the power and potential of Generative AI for a limitless future KEY FEATURES ● Holistic and accessible journey into Generative AI. ● Indispensable guide for unleashing Generative AI potential. ● Transforming technology, business, art, and innovation, covering technological advancements and business optimization. DESCRIPTION The Potential of Generative AI invites you for a captivating journey into the revolutionary technology, where machines become co-creators and the line between imagination and reality blurs. You will learn how AI helps doctors, engineers, and scientists solve real-world problems. Next, you will explore use cases where ChatGPT can boost productivity and enhance creativity. The book explores the journey from the origins of this revolutionary technology to its cutting-edge applications. Discover how generative models like GANs and VAEs work, and familiarize yourself with the impact they are making in fields like healthcare, finance, and art. Through real-world case studies and engaging examples, you will witness AI generating life-saving drugs, composing music, and even designing innovative products. This book explores the cutting-edge capabilities and potential of generative AI in the tech landscape. It will help you discover how generative AI can unlock new opportunities and enhance business operations. WHAT YOU WILL LEARN ● Learn about the different types of generative models, how they work, and their impact across various industries including healthcare, finance, and entertainment. ● Explore the creative potential of generative AI in art, music, and design. ● Develop Generative Adversarial Networks (GANs), with a focus on their architecture, training process, and real-world applications. ● Build and deploy generative models, ensuring readers to leverage this powerful technology. ● Perfect the art of generating text, images, music, and even code with AI, utilize your creative potential. WHO THIS BOOK IS FOR This book is for artists, programmers, musicians, designers, writers, researchers, entrepreneurs, scientists, Machine Learning practitioners and dreamers of all sorts. Generative AI awaits and is ready to transform your craft and empower your vision. TABLE OF CONTENTS 1. Introduction to Generative AI 2. Generative AI in Industries 3. Fundamentals of Generative Models 4. Applications Across Industries 5. Creative Expression with Generative AI 6. Generative AI in Business and Innovation 7. Deep Dive into GANs 8. Building and Deploying Generative Models

Book Platform and Model Design for Responsible AI

Download or read book Platform and Model Design for Responsible AI written by Amita Kapoor and published by Packt Publishing Ltd. This book was released on 2023-04-28 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Craft ethical AI projects with privacy, fairness, and risk assessment features for scalable and distributed systems while maintaining explainability and sustainability Purchase of the print or Kindle book includes a free PDF eBook Key Features Learn risk assessment for machine learning frameworks in a global landscape Discover patterns for next-generation AI ecosystems for successful product design Make explainable predictions for privacy and fairness-enabled ML training Book Description AI algorithms are ubiquitous and used for tasks, from recruiting to deciding who will get a loan. With such widespread use of AI in the decision-making process, it's necessary to build an explainable, responsible, transparent, and trustworthy AI-enabled system. With Platform and Model Design for Responsible AI, you'll be able to make existing black box models transparent. You'll be able to identify and eliminate bias in your models, deal with uncertainty arising from both data and model limitations, and provide a responsible AI solution. You'll start by designing ethical models for traditional and deep learning ML models, as well as deploying them in a sustainable production setup. After that, you'll learn how to set up data pipelines, validate datasets, and set up component microservices in a secure and private way in any cloud-agnostic framework. You'll then build a fair and private ML model with proper constraints, tune the hyperparameters, and evaluate the model metrics. By the end of this book, you'll know the best practices to comply with data privacy and ethics laws, in addition to the techniques needed for data anonymization. You'll be able to develop models with explainability, store them in feature stores, and handle uncertainty in model predictions. What you will learn Understand the threats and risks involved in ML models Discover varying levels of risk mitigation strategies and risk tiering tools Apply traditional and deep learning optimization techniques efficiently Build auditable and interpretable ML models and feature stores Understand the concept of uncertainty and explore model explainability tools Develop models for different clouds including AWS, Azure, and GCP Explore ML orchestration tools such as Kubeflow and Vertex AI Incorporate privacy and fairness in ML models from design to deployment Who this book is for This book is for experienced machine learning professionals looking to understand the risks and leakages of ML models and frameworks, and learn to develop and use reusable components to reduce effort and cost in setting up and maintaining the AI ecosystem.

Book Competing in the Age of AI

Download or read book Competing in the Age of AI written by Marco Iansiti and published by Harvard Business Press. This book was released on 2020-01-07 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: "a provocative new book" — The New York Times AI-centric organizations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value. Now with a new preface that explores how the coronavirus crisis compelled organizations such as Massachusetts General Hospital, Verizon, and IKEA to transform themselves with remarkable speed, Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes, allow massive scope increase, enabling companies to straddle industry boundaries, and create powerful opportunities for learning—to drive ever more accurate, complex, and sophisticated predictions. When traditional operating constraints are removed, strategy becomes a whole new game, one whose rules and likely outcomes this book will make clear. Iansiti and Lakhani: Present a framework for rethinking business and operating models Explain how "collisions" between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure of our economy, and forcing traditional companies to rearchitect their operating models Explain the opportunities and risks created by digital firms Describe the new challenges and responsibilities for the leaders of both digital and traditional firms Packed with examples—including many from the most powerful and innovative global, AI-driven competitors—and based on research in hundreds of firms across many sectors, this is your essential guide for rethinking how your firm competes and operates in the era of AI.

Book Solutions Architect s Handbook

Download or read book Solutions Architect s Handbook written by Saurabh Shrivastava and published by Packt Publishing Ltd. This book was released on 2024-03-29 with total page 579 pages. Available in PDF, EPUB and Kindle. Book excerpt: From fundamentals and design patterns to the latest techniques such as generative AI, machine learning and cloud native architecture, gain all you need to be a pro Solutions Architect crafting secure and reliable AWS architecture. Key Features Hits all the key areas -Rajesh Sheth, VP, Elastic Block Store, AWS Offers the knowledge you need to succeed in the evolving landscape of tech architecture - Luis Lopez Soria, Senior Specialist Solutions Architect, Google A valuable resource for enterprise strategists looking to build resilient applications - Cher Simon, Principal Solutions Architect, AWS Book DescriptionMaster the art of solution architecture and excel as a Solutions Architect with the Solutions Architect's Handbook. Authored by seasoned AWS technology leaders Saurabh Shrivastav and Neelanjali Srivastav, this book goes beyond traditional certification guides, offering in-depth insights and advanced techniques to meet the specific needs and challenges of solutions architects today. This edition introduces exciting new features that keep you at the forefront of this evolving field. Large language models, generative AI, and innovations in deep learning are cutting-edge advancements shaping the future of technology. Topics such as cloud-native architecture, data engineering architecture, cloud optimization, mainframe modernization, and building cost-efficient and secure architectures remain important in today's landscape. This book provides coverage of these emerging and key technologies and walks you through solution architecture design from key principles, providing you with the knowledge you need to succeed as a Solutions Architect. It will also level up your soft skills, providing career-accelerating techniques to help you get ahead. Unlock the potential of cutting-edge technologies, gain practical insights from real-world scenarios, and enhance your solution architecture skills with the Solutions Architect's Handbook.What you will learn Explore various roles of a solutions architect in the enterprise Apply design principles for high-performance, cost-effective solutions Choose the best strategies to secure your architectures and boost availability Develop a DevOps and CloudOps mindset for collaboration, operational efficiency, and streamlined production Apply machine learning, data engineering, LLMs, and generative AI for improved security and performance Modernize legacy systems into cloud-native architectures with proven real-world strategies Master key solutions architect soft skills Who this book is for This book is for software developers, system engineers, DevOps engineers, architects, and team leaders who already work in the IT industry and aspire to become solutions architect professionals. Solutions architects who want to expand their skillset or get a better understanding of new technologies will also learn valuable new skills. To get started, you'll need a good understanding of the real-world software development process and some awareness of cloud technology.

Book Exploring the Ethical Implications of Generative AI

Download or read book Exploring the Ethical Implications of Generative AI written by Ara, Aftab and published by IGI Global. This book was released on 2024-04-04 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generative Artificial Intelligence (AI), an ever-evolving technology, holds immense promise across various industries, from healthcare to content generation. However, its rapid advancement has also given rise to profound ethical concerns. Illicit black-market industries exploit generative AI for counterfeit imagery, and in educational settings, biases and misinformation perpetuate. These issues underscore the need to grapple with the risks accompanying generative AI integration. Exploring the Ethical Implications of Generative AI emerges as a wellspring of insight for discerning academic scholars. It sets the stage by acknowledging generative AI's multifaceted potential and its capacity to reshape industries. The book addresses these complex ethical concerns, offering a comprehensive analysis and providing a roadmap for responsible AI development and usage. Its intended audience spans business leaders, policymakers, scholars, and individuals passionate about the ethical dimensions of AI.

Book Four Battlegrounds  Power in the Age of Artificial Intelligence

Download or read book Four Battlegrounds Power in the Age of Artificial Intelligence written by Paul Scharre and published by W. W. Norton & Company. This book was released on 2023-02-28 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: An NPR 2023 "Books We Love" Pick One of the Next Big Idea Club's Must-Read Books "An invaluable primer to arguably the most important driver of change for our future." —P. W. Singer, author of Burn-In An award-winning defense expert tells the story of today’s great power rivalry—the struggle to control artificial intelligence. A new industrial revolution has begun. Like mechanization or electricity before it, artificial intelligence will touch every aspect of our lives—and cause profound disruptions in the balance of global power, especially among the AI superpowers: China, the United States, and Europe. Autonomous weapons expert Paul Scharre takes readers inside the fierce competition to develop and implement this game-changing technology and dominate the future. Four Battlegrounds argues that four key elements define this struggle: data, computing power, talent, and institutions. Data is a vital resource like coal or oil, but it must be collected and refined. Advanced computer chips are the essence of computing power—control over chip supply chains grants leverage over rivals. Talent is about people: which country attracts the best researchers and most advanced technology companies? The fourth “battlefield” is maybe the most critical: the ultimate global leader in AI will have institutions that effectively incorporate AI into their economy, society, and especially their military. Scharre’s account surges with futuristic technology. He explores the ways AI systems are already discovering new strategies via millions of war-game simulations, developing combat tactics better than any human, tracking billions of people using biometrics, and subtly controlling information with secret algorithms. He visits China’s “National Team” of leading AI companies to show the chilling synergy between China’s government, private sector, and surveillance state. He interviews Pentagon leadership and tours U.S. Defense Department offices in Silicon Valley, revealing deep tensions between the military and tech giants who control data, chips, and talent. Yet he concludes that those tensions, inherent to our democratic system, create resilience and resistance to autocracy in the face of overwhelmingly powerful technology. Engaging and direct, Four Battlegrounds offers a vivid picture of how AI is transforming warfare, global security, and the future of human freedom—and what it will take for democracies to remain at the forefront of the world order.

Book Generative AI Foundations in Python

Download or read book Generative AI Foundations in Python written by Carlos Rodriguez and published by Packt Publishing Ltd. This book was released on 2024-07-26 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Begin your generative AI journey with Python as you explore large language models, understand responsible generative AI practices, and apply your knowledge to real-world applications through guided tutorials Key Features Gain expertise in prompt engineering, LLM fine-tuning, and domain adaptation Use transformers-based LLMs and diffusion models to implement AI applications Discover strategies to optimize model performance, address ethical considerations, and build trust in AI systems Purchase of the print or Kindle book includes a free PDF eBook Book DescriptionThe intricacies and breadth of generative AI (GenAI) and large language models can sometimes eclipse their practical application. It is pivotal to understand the foundational concepts needed to implement generative AI. This guide explains the core concepts behind -of-the-art generative models by combining theory and hands-on application. Generative AI Foundations in Python begins by laying a foundational understanding, presenting the fundamentals of generative LLMs and their historical evolution, while also setting the stage for deeper exploration. You’ll also understand how to apply generative LLMs in real-world applications. The book cuts through the complexity and offers actionable guidance on deploying and fine-tuning pre-trained language models with Python. Later, you’ll delve into topics such as task-specific fine-tuning, domain adaptation, prompt engineering, quantitative evaluation, and responsible AI, focusing on how to effectively and responsibly use generative LLMs. By the end of this book, you’ll be well-versed in applying generative AI capabilities to real-world problems, confidently navigating its enormous potential ethically and responsibly.What you will learn Discover the fundamentals of GenAI and its foundations in NLP Dissect foundational generative architectures including GANs, transformers, and diffusion models Find out how to fine-tune LLMs for specific NLP tasks Understand transfer learning and fine-tuning to facilitate domain adaptation, including fields such as finance Explore prompt engineering, including in-context learning, templatization, and rationalization through chain-of-thought and RAG Implement responsible practices with generative LLMs to minimize bias, toxicity, and other harmful outputs Who this book is for This book is for developers, data scientists, and machine learning engineers embarking on projects driven by generative AI. A general understanding of machine learning and deep learning, as well as some proficiency with Python, is expected.

Book Detecting Regime Change in Computational Finance

Download or read book Detecting Regime Change in Computational Finance written by Jun Chen and published by CRC Press. This book was released on 2020-09-14 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on interdisciplinary research into "Directional Change", a new data-driven approach to financial data analysis, Detecting Regime Change in Computational Finance: Data Science, Machine Learning and Algorithmic Trading applies machine learning to financial market monitoring and algorithmic trading. Directional Change is a new way of summarising price changes in the market. Instead of sampling prices at fixed intervals (such as daily closing in time series), it samples prices when the market changes direction ("zigzags"). By sampling data in a different way, this book lays out concepts which enable the extraction of information that other market participants may not be able to see. The book includes a Foreword by Richard Olsen and explores the following topics: Data science: as an alternative to time series, price movements in a market can be summarised as directional changes Machine learning for regime change detection: historical regime changes in a market can be discovered by a Hidden Markov Model Regime characterisation: normal and abnormal regimes in historical data can be characterised using indicators defined under Directional Change Market Monitoring: by using historical characteristics of normal and abnormal regimes, one can monitor the market to detect whether the market regime has changed Algorithmic trading: regime tracking information can help us to design trading algorithms It will be of great interest to researchers in computational finance, machine learning and data science. About the Authors Jun Chen received his PhD in computational finance from the Centre for Computational Finance and Economic Agents, University of Essex in 2019. Edward P K Tsang is an Emeritus Professor at the University of Essex, where he co-founded the Centre for Computational Finance and Economic Agents in 2002.

Book Generative AI and LLMs

    Book Details:
  • Author : S. Balasubramaniam
  • Publisher : Walter de Gruyter GmbH & Co KG
  • Release : 2024-09-23
  • ISBN : 311142507X
  • Pages : 290 pages

Download or read book Generative AI and LLMs written by S. Balasubramaniam and published by Walter de Gruyter GmbH & Co KG. This book was released on 2024-09-23 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generative artificial intelligence (GAI) and large language models (LLM) are machine learning algorithms that operate in an unsupervised or semi-supervised manner. These algorithms leverage pre-existing content, such as text, photos, audio, video, and code, to generate novel content. The primary objective is to produce authentic and novel material. In addition, there exists an absence of constraints on the quantity of novel material that they are capable of generating. New material can be generated through the utilization of Application Programming Interfaces (APIs) or natural language interfaces, such as the ChatGPT developed by Open AI and Bard developed by Google. The field of generative artificial intelligence (AI) stands out due to its unique characteristic of undergoing development and maturation in a highly transparent manner, with its progress being observed by the public at large. The current era of artificial intelligence is being influenced by the imperative to effectively utilise its capabilities in order to enhance corporate operations. Specifically, the use of large language model (LLM) capabilities, which fall under the category of Generative AI, holds the potential to redefine the limits of innovation and productivity. However, as firms strive to include new technologies, there is a potential for compromising data privacy, long-term competitiveness, and environmental sustainability. This book delves into the exploration of generative artificial intelligence (GAI) and LLM. It examines the historical and evolutionary development of generative AI models, as well as the challenges and issues that have emerged from these models and LLM. This book also discusses the necessity of generative AI-based systems and explores the various training methods that have been developed for generative AI models, including LLM pretraining, LLM fine-tuning, and reinforcement learning from human feedback. Additionally, it explores the potential use cases, applications, and ethical considerations associated with these models. This book concludes by discussing future directions in generative AI and presenting various case studies that highlight the applications of generative AI and LLM.