In 2024, we will witness the proliferation of synthetic data across industries. In 2023, companies experimented with foundational models, and this trend will continue. Organizations see it as an emerging force to reshape industries and change lives. However, the ethical implications can't be overlooked. Let’s explore some industries I think
Over the last year, generative AI has captivated the public imagination. Many of us have become newly acquainted with the concept of an approaching Singularity coined by John von Neumann or Nick Bostrom’s Paper Clip thought experiment. Fortunately, Microsoft’s office assistant, Clippy, has yet to dutifully transform our planet into
Medicaid program integrity, in simple terms, is a program that ensures that the funds allocated for Medicaid are used appropriately, that patients receive the care they deserve and that resources aren’t mishandled. But consider this staggering fact: In 2020, the Centers for Medicare and Medicaid Services (CMS) reported that Medicaid
Prepare for the best – and the worst – when it comes to generative AI and health care fraud.
With an industry skills gap upon us, an estimated 85% of Fortune 500 organisations are still looking for talent today. SAS remains committed to helping university students with SAS® skills gain work placement with SAS customers today – as they’ve done for over a decade. Westpac is Australia’s first bank
The threat of fraud is ever-present and growing. Organizations lose around 5% of their annual revenues to fraud, and many of them don't take sufficient proactive measures. It's notable that only 56% of organizations conduct investigations of even their worst incidents. That statistic is based on the 2020 ACFE Report
We made bold predictions a year ago about what 2021 would bring. We’re bold enough to do it again for 2022. The pandemic disrupted traditional ways of life in 2021. Remote learning and working became the norm for many. Telehealth took off, and IT modernization accelerated in every industry. 2021
As the banking industry continues to combat increasing fraud challenges, payment fraud is growing exponentially. This growth stems from a shifting payment landscape with new and varied payment options. Globally, governments are introducing new initiatives like faster payments and real-time payments which compress turnaround times. These initiatives are altering the
Did you pay your taxes? From stiff penalties to even jail time, the federal government provides plenty of incentive for citizens to pay, but each year nearly one in five Americans do not pay on time. This leads to a more than $450 billion gap in unpaid taxes, creating a
Artificial intelligence. Big data. Cognitive computing. These buzzwords are the ABCs of today’s marketplace. In a recent interview at SAS® Global Forum, I discussed the unprecedented pace of change that we’re seeing in the market. It’s creating what I like to call an analytics economy. In this economy, analytics –
