Tag: Governance
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Understanding Open vs. Closed Generative AI Tools: Implications for Businesses
Michael Holzer Director and Principal @ Mikani | Innovation and Investment September 18, 2024 Generative Artificial Intelligence (AI) tools have revolutionised various industries by automating content creation, enhancing customer interactions, and driving innovation. However, businesses must carefully consider the type of generative AI tools they adopt. I wish to explore some of the differences between…
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A Business Perspective: AI Hallucinations and their management
Michael Holzer Director and Principal @ Mikani | Innovation and Investment September 2, 2024 Understanding AI Hallucinations and Mitigating Their Impact on Business Deployments Artificial Intelligence (AI) has revolutionised various industries, offering unprecedented capabilities in data analysis, automation, and decision-making. However, one of the challenges that businesses face when deploying AI systems is the phenomenon…
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A New Policy for Using AI in the Australian Government
Michael Holzer Director and Principal @ Mikani | Innovation and Investment August 19, 2024 Introduction The Australian Government is poised to embrace the transformative potential of artificial intelligence (AI) with the release of the Policy for the Responsible Use of AI in Government. This policy, developed by the Digital Transformation Agency (DTA), is set to…
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Generative AI is not always the answer
Michael Holzer Director and Principal @ Mikani | Innovation and Investment August 6, 2024 Generative Artificial Intelligence (AI) represents a paradigm shift in how we create content and manage our businesses. Unlike traditional AI algorithms that analyse or classify existing data, generative AI has the remarkable ability to produce original content on demand. From text…