Friday, October 4, 2024
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This week’s AI for the C Suite offers a kaleidoscope of AI insights, from the latest research revelations in cybersecurity to California policy plot-twists, with a pit stop at podcast plaza and a VIP pass to last week’s AMA. Here’s what you need to know:
1. Sound Waves: Podcast Highlights
Our most recent podcast episode released this past Monday and features our conversation with Josh Hartranft, Chief Technology Officer at Millersville University of Pennsylvania. Tune in as Josh and I discuss how higher education is addressing AI and what it looks like to manage through and rebuild from a ransomware attack. Catch up this weekend and Subscribe for free today on your listening platform of choice to ensure you never miss a beat. New episodes release every two weeks.
2. Digital Dojo: New Subscriber Resources
Our latest subscriber-only AMA occurred last Friday, 9.27.24, with a great turnout and some fantastic questions. We covered topics such as best practices when building a custom GPT, copyright law and liability with AI-generated images and tips for dialing in document formatting. Going forward we’re archiving this and all future AMAs on the platform for ease of access.
Our next subscriber-only AMA is Wednesday, 10.30.2024. We hope to see you there!
3. Paper Trail: AI Research Decoded
LLMs: A New Frontier in Designing Communication Skills Assessments
A cornerstone of many leadership development toolkits – assessments – may be due for an upgrade as AI is reshaping how we assess communication skills, offering both opportunities and challenges for middle market organizations. Key takeaways include:
- LLMs can efficiently translate, simplify, and categorize assessment items
- AI-generated assessments require human oversight to ensure validity and ethical use
- Middle market leaders should explore AI-assisted assessment while prioritizing ethical considerations
Uncovering Hidden Biases in AI: Implications for Middle Market Leaders
During our AI workshops, questions regarding bias arise frequently and a new study dives deep into this issue. Researchers examined how biases persist in cutting-edge AI language models, highlighting critical considerations for middle market executives integrating AI into their operations. A few key takeaways:
- AI models show significant gender bias in occupational scenarios
- Racial and age biases are present in AI-generated crime narratives
- Proactive strategies are needed to mitigate AI bias risks in business applications
AI-Powered Vishing: A New Frontier in Cybersecurity Challenges
Ready to go vishing? A recent study shows how AI-powered vishing (voice phishing) poses a new, scalable threat to cybersecurity, challenging traditional defenses and necessitating innovative strategies for middle market organizations. Here are a few key takeaways:
- AI vishing successfully extracted sensitive information from 52% of study participants
- 62.92% of participants found their interactions with ViKing comparable to or better than typical phone conversations with real people
- The vishing attacks were cost effective ranging between $0.50 and $1.16
Read our full analysis of each of these research papers at AI for the C Suite.
4. Code & Law: AI Policy Watch
It’s official. CA SB1047 is dead by the hand of Governor Newsom, who vetoed the bill Monday, 9.30.24. For a solid overview from CIO DIVE, Check out California governor vetoed SB 1047. What’s next for AI regulation?
5. AI Buzz: Fresh Bytes
- As a general purpose technology, AI requires the invention (or repurposing) of concepts, language, context and frameworks. For one author’s view on where we’re headed, Check out Six levels of autonomous work: How AI augments, then replaces.
- Both Boards of Directors and HR are immune to the impacts of AI… right? Perhaps not. Check out HR oversight tips for boards in an AI-altered landscape.
6. Elevate Your Leadership with AI for the C Suite
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Stay safe. Stay healthy. Be strong. Lead well.
Chad