Neely Center Fellow Dr. Marsha Ershaghi Hames discusses discusses whether AI can predict patterns of risky behavior with Compliance.ai
By Dr. Marsha Ershaghi Hames
As we near year-end, Artificial Intelligence is ranked as one of the top business trends for 2018. Leading organizations are investing in AI to enable more automation of tasks and decision making. As organizations integrate machine learning into various aspects of their complex business processes, it will be interesting to explore whether AI can also predict patterns of risky behavior.
In December 2009, TIME Magazine published a memorable cover entitled “The Decade from Hell” stating “bookended by 9/11 and a financial wipeout, the first 10 years of the century will likely go down as the most dispiriting decade Americans have lived through since World War II.” Spiraling levels of trust in business and decision making were at an all-time low. Financial markets underwent a significant shift as the multi-billion dollar accounting scandals of Enron and WorldCom unfolded. Leadership accountability began to thrust into the spotlight, questions arose around who knew what, when? Analysts wondered how such epic failures of corporate malfeasance could fester for so long. Read More.