Leveraging AI Risk Calculators to Transform Business Risk Assessment

As artificial intelligence (AI) continues to advance at a rapid pace, its applications are becoming increasingly widespread and influential across various industries. One area where AI is making significant inroads is in the realm of risk assessment and management. The advent of AI-powered risk calculators has revolutionized the way businesses evaluate and mitigate potential risks, offering a more comprehensive, data-driven, and proactive approach to risk analysis.

Traditional risk assessment methods have long relied on human expertise, historical data, and subjective judgments, which can be prone to biases, inconsistencies, and limitations. However, AI risk calculators leverage machine learning algorithms, vast amounts of data, and sophisticated computational power to identify and quantify risks with greater accuracy, speed, and scalability.

This article will delve into the world of AI risk calculators, exploring their underlying technologies, their applications across various industries, and their transformative impact on business risk assessment. Through case studies and expert insights, we will examine how these cutting-edge tools are reshaping risk management strategies, enabling more informed decision-making, and ultimately enhancing organizational resilience in an ever-changing business landscape.

The Evolution of Risk Assessment: From Manual to Automated

Risk assessment has always been a crucial component of business operations, as it helps organizations identify potential threats, assess their likelihood and impact, and implement appropriate mitigation strategies. Historically, risk assessment was a labor-intensive and time-consuming process, heavily reliant on human expertise and manual data analysis.

In the traditional approach, risk assessments were conducted through a combination of qualitative and quantitative methods. Qualitative methods involved expert judgments, interviews, and scenario analyses, while quantitative methods relied on statistical modeling, historical data analysis, and probabilistic calculations.

However, these traditional methods had inherent limitations. Qualitative assessments were often subjective and prone to individual biases, while quantitative assessments struggled with incomplete or outdated data, as well as the inability to account for complex, interconnected risks effectively.

The advent of AI and machine learning has ushered in a paradigm shift in risk assessment, enabling organizations to leverage vast amounts of data, advanced algorithms, and powerful computational resources to identify, analyze, and quantify risks more comprehensively and accurately.

The Emergence of AI Risk Calculators

AI risk calculators are sophisticated software tools that harness the power of machine learning algorithms, big data, and advanced analytics to assess and quantify risks across various domains. These calculators are designed to process and analyze large volumes of structured and unstructured data, identifying patterns, trends, and correlations that may be difficult or impossible for humans to discern.

At the core of AI risk calculators are machine learning models that are trained on historical data, domain-specific knowledge, and expert inputs. These models continuously learn and adapt, refining their risk assessment capabilities as new data becomes available. Some of the commonly used machine learning techniques in AI risk calculators include:

  1. Supervised Learning: This technique involves training the model on labeled data, where the input data is mapped to known output values (e.g., risk levels). Common algorithms used in supervised learning for risk assessment include logistic regression, decision trees, and neural networks.
  2. Unsupervised Learning: This approach does not rely on labeled data but instead identifies patterns and structures within the data itself. Clustering algorithms, such as k-means and hierarchical clustering, are often employed to group data points based on similarities, revealing potential risk factors or anomalies.
  3. Deep Learning: This subset of machine learning utilizes artificial neural networks with multiple layers to model complex, non-linear relationships within data. Deep learning techniques, like convolutional neural networks (CNNs) and recurrent neural networks (RNNs), can be particularly effective in analyzing unstructured data, such as textual data or time-series data, for risk assessment purposes.
  4. Natural Language Processing (NLP): NLP techniques are used to analyze and extract insights from textual data, such as news articles, social media posts, and regulatory documents. This can help identify potential risks related to reputation, compliance, or market sentiment.
  5. Ensemble Methods: These techniques combine multiple machine learning models to improve overall performance and robustness. Popular ensemble methods used in risk calculators include random forests, gradient boosting machines, and stacking ensembles.

By leveraging these advanced machine learning techniques, AI risk calculators can process and analyze vast amounts of data from diverse sources, including financial records, operational data, market trends, news reports, social media, and more. This comprehensive data analysis enables AI risk calculators to identify potential risks with greater accuracy, anticipate emerging threats, and provide quantitative assessments of risk likelihood and impact.

Moreover, AI risk calculators can continuously learn and adapt as new data becomes available, enabling real-time monitoring and dynamic risk assessment. This adaptability is crucial in today's rapidly changing business environment, where risks can emerge and evolve rapidly.

Applications of AI Risk Calculators Across Industries

The applications of AI risk calculators span a wide range of industries and domains, offering businesses a powerful tool to enhance their risk management strategies and drive informed decision-making. Here are some notable examples:

  1. Financial Services: Credit Risk Assessment: AI risk calculators can analyze financial data, credit histories, and market trends to assess the creditworthiness of individuals or organizations, facilitating more accurate lending decisions and risk pricing. Fraud Detection: By identifying patterns and anomalies in transaction data, AI risk calculators can detect potential fraud risks, enabling financial institutions to implement preventive measures and enhance security. Portfolio Risk Management: AI-powered risk calculators can assess the risk exposure of investment portfolios, taking into account market volatility, macroeconomic factors, and asset correlations, enabling more effective risk mitigation and portfolio optimization.
  2. Insurance: Underwriting Risk Assessment: AI risk calculators can analyze vast amounts of data, including customer demographics, claims history, and external factors, to accurately assess risks and determine appropriate insurance premiums and coverage. Claim Fraud Detection: By identifying patterns and anomalies in claims data, AI risk calculators can help insurance companies detect potential fraud, reducing financial losses and ensuring fair claims processing.
  3. Manufacturing and Supply Chain: Operational Risk Assessment: AI risk calculators can evaluate production data, supplier performance, and external factors to identify potential risks in manufacturing operations, enabling proactive risk mitigation and supply chain optimization. Quality Control: By analyzing product data and process parameters, AI risk calculators can detect quality issues and potential defects, facilitating timely interventions and quality assurance.
  4. Healthcare: Patient Risk Stratification: AI risk calculators can analyze electronic health records, demographic data, and clinical factors to assess the risk of developing certain conditions or experiencing adverse events, enabling personalized care and targeted preventive measures. Clinical Decision Support: By integrating AI risk calculators into clinical decision support systems, healthcare professionals can receive risk assessments and recommendations based on patient data, medical literature, and best practices, improving diagnostic accuracy and treatment outcomes.
  5. Cybersecurity: Threat Detection and Risk Assessment: AI risk calculators can analyze network traffic, system logs, and user behavior patterns to identify potential cyber threats, quantify risk levels, and provide recommendations for mitigation and incident response. Vulnerability Management: By continuously monitoring software vulnerabilities, patch releases, and network configurations, AI risk calculators can assess the risk exposure of an organization's IT infrastructure and prioritize remediation efforts.
  6. Environmental Risk Assessment: Climate Change Risk Analysis: AI risk calculators can integrate environmental data, climate models, and socioeconomic factors to assess the risks associated with climate change, such as natural disasters, resource scarcity, and infrastructure vulnerabilities, enabling proactive adaptation and mitigation strategies. Ecological Risk Assessment: By analyzing data on species distribution, habitat quality, and environmental stressors, AI risk calculators can evaluate the risk of biodiversity loss, ecosystem degradation, and the impact on ecosystem services, informing conservation efforts and sustainable resource management.

These examples illustrate the versatility and broad applicability of AI risk calculators across various industries and domains. By leveraging the power of machine learning, advanced analytics, and data integration, these tools provide organizations with a comprehensive and data-driven approach to risk assessment, enabling more informed decision-making and proactive risk mitigation strategies.

Case Studies: AI Risk Calculators in Action

To better understand the real-world impact of AI risk calculators, let's explore a few case studies that highlight their successful implementation and transformative effects on business risk assessment.

Case Study 1: AI-Powered Credit Risk Assessment in Banking

One of the early adopters of AI risk calculators is the banking industry, where accurate credit risk assessment is crucial for lending decisions and portfolio management. Traditional credit scoring models relied heavily on human judgment and limited data sources, often leading to biases and inconsistencies.

In 2021, a major international bank implemented an AI-powered credit risk calculator to streamline and enhance their lending processes. The calculator leveraged machine learning algorithms, such as gradient boosting machines and neural networks, to analyze a vast array of data sources, including credit bureau records, financial statements, macroeconomic indicators, and alternative data sources like social media and news reports.

The AI risk calculator was trained on historical lending data, incorporating factors such as payment histories, employment status, income levels, and credit utilization ratios. Additionally, it integrated external data sources to capture broader economic trends, industry-specific risks, and market sentiment.

By leveraging this comprehensive data analysis, the AI risk calculator could provide more accurate and granular credit risk assessments, identifying potential defaulters with higher precision than traditional models. Moreover, the calculator could adapt and refine its predictions as new data became available, enabling real-time risk monitoring and dynamic portfolio management.

The implementation of the AI risk calculator led to significant improvements in the bank's lending practices. According to internal reports, the calculator achieved a 25% reduction in credit defaults compared to their previous risk assessment methods. Additionally, the bank experienced a 15% increase in lending approval rates for creditworthy borrowers, as the AI risk calculator could better differentiate between low-risk and high-risk applicants.

The success of this AI risk calculator implementation not only enhanced the bank's profitability and risk management but also fostered greater financial inclusion by enabling more accurate and unbiased credit assessments for underserved segments of the population.

Case Study 2: AI-Driven Operational Risk Assessment in Manufacturing

In the manufacturing industry, operational risks can have severe consequences, including production delays, quality issues, and supply chain disruptions. Traditional risk assessment methods often struggled to keep pace with the complexity and dynamism of modern manufacturing operations.

A leading automotive manufacturer recognized the need for a more proactive and data-driven approach to operational risk assessment. In 2022, they implemented an AI risk calculator that integrated data from various sources, including production lines, supply chain systems, and external factors like weather patterns and geopolitical events.

The AI risk calculator employed a combination of machine learning techniques, including random forests and deep learning models, to analyze this diverse data set. It could identify patterns and anomalies that might indicate potential risks, such as equipment failures, supplier delays, or quality control issues.

One of the key advantages of the AI risk calculator was its ability to detect early warning signs of potential risks, enabling the manufacturer to take proactive measures before issues escalated. For example, the calculator could analyze sensor data from production lines and identify subtle deviations that might indicate an impending equipment malfunction, allowing for timely maintenance and preventing costly downtime.

Additionally, the AI risk calculator could quantify the likelihood and potential impact of identified risks, providing a data-driven basis for prioritizing risk mitigation efforts and allocating resources effectively.

The implementation of the AI risk calculator led to significant improvements in operational efficiency and risk management for the automotive manufacturer. According to their internal reports, the calculator helped reduce unplanned production downtime by 30%, decrease product defect rates by 20%, and optimize inventory levels across their supply chain, resulting in substantial cost savings.

Furthermore, the AI risk calculator enabled the manufacturer to respond more effectively to external disruptions, such as natural disasters or geopolitical events, by rapidly assessing the potential impact on their operations and implementing contingency plans accordingly.

Case Study 3: AI-Powered Cybersecurity Risk Assessment

In the digital age, cybersecurity risks pose a significant threat to businesses across all industries. Cyber attacks can result in data breaches, system disruptions, financial losses, and reputational damage. Traditional cybersecurity risk assessment methods often struggled to keep pace with the rapidly evolving threat landscape and the increasing complexity of IT infrastructures.

In 2023, a leading technology company recognized the need for a more sophisticated and proactive approach to cybersecurity risk assessment. They implemented an AI risk calculator that integrated data from various sources, including network traffic logs, system event logs, vulnerability databases, and threat intelligence feeds.

The AI risk calculator employed machine learning techniques such as anomaly detection, natural language processing (NLP), and deep learning models to analyze this diverse data set. It could identify potential cyber threats, assess their likelihood and potential impact, and provide recommendations for risk mitigation and incident response.

One of the key advantages of the AI risk calculator was its ability to continuously monitor and adapt to emerging cyber threats. By analyzing data from threat intelligence feeds and security advisories, the calculator could rapidly incorporate new threat information and update its risk assessments accordingly.

Additionally, the AI risk calculator could leverage natural language processing techniques to analyze unstructured data sources, such as security blogs, news articles, and social media posts. This allowed the calculator to identify potential threats and vulnerabilities that might not be covered by traditional threat databases.

The implementation of the AI risk calculator led to significant improvements in the company's cybersecurity posture. According to their internal reports, the calculator helped reduce the mean time to detect and respond to cyber threats by 50%, and the number of successful cyber attacks decreased by 35% compared to the previous year.

Furthermore, the AI risk calculator enabled the company to prioritize and allocate cybersecurity resources more effectively by quantifying the likelihood and potential impact of identified risks. This data-driven approach ensured that the most critical risks were addressed promptly, while also optimizing the overall cybersecurity budget.

The success of this implementation has inspired other organizations in the technology sector to adopt similar AI-powered cybersecurity risk assessment strategies, recognizing the value of leveraging advanced analytics and machine learning to stay ahead of the ever-evolving cyber threat landscape.

Challenges and Considerations in Adopting AI Risk Calculators

While the advantages of AI risk calculators are compelling, their adoption and implementation are not without challenges. Organizations must carefully consider various factors to ensure the successful integration and effective utilization of these powerful tools.

  1. Data Quality and Availability: The accuracy and reliability of AI risk calculators heavily depend on the quality and quantity of data available for training and analysis. Incomplete, inaccurate, or biased data can lead to flawed risk assessments and suboptimal decision-making. Organizations must invest in robust data management processes, ensure data integrity, and continuously expand their data sources to improve the performance of AI risk calculators.
  2. Interpretability and Transparency: Some advanced machine learning models, particularly deep learning architectures, can be perceived as "black boxes," making it challenging to understand how they arrive at specific risk assessments. This lack of transparency can raise concerns about accountability and trust, especially in highly regulated industries or when significant consequences are involved. Efforts must be made to develop interpretable AI models and provide clear explanations for risk assessments to foster trust and enable effective decision-making.
  3. Integration with Existing Systems: Implementing AI risk calculators often requires integrating them with existing risk management frameworks, data sources, and decision support systems. This integration process can be complex and may require significant resources, including technical expertise, infrastructure upgrades, and process redesigns. Organizations must carefully plan and manage the integration process to ensure seamless adoption and minimize disruptions to ongoing operations.
  4. Regulatory Compliance and Ethical Considerations: As AI risk calculators become more prevalent in industries like finance, healthcare, and public services, regulatory bodies and policymakers may introduce new guidelines or regulations to ensure fairness, transparency, and accountability. Organizations must stay abreast of these evolving regulations and ensure that their AI risk calculators comply with legal and ethical standards, particularly when handling sensitive or personal data.
  5. Continuous Learning and Adaptation: AI risk calculators must continuously learn and adapt to remain effective in a rapidly changing business environment. This requires ongoing data collection, model retraining, and algorithm refinement. Organizations must establish processes and allocate resources for continuous learning and model maintenance to ensure that their AI risk calculators remain up-to-date and accurately reflect the latest risk landscape.
  6. Human Oversight and Governance: While AI risk calculators offer powerful analytical capabilities, they should not be treated as infallible or completely autonomous systems. Human oversight and governance are essential to ensure that risk assessments are interpreted correctly, ethical considerations are addressed, and ultimate decision-making remains in the hands of experienced professionals. Organizations must establish clear governance frameworks, roles, and responsibilities to maintain appropriate human oversight and accountability.

By addressing these challenges and considerations, organizations can more effectively leverage the potential of AI risk calculators and integrate them into their risk management strategies, fostering a culture of data-driven decision-making and proactive risk mitigation.

The Future of AI Risk Calculators and Business Risk Assessment

As AI technologies continue to evolve and become more sophisticated, the capabilities and applications of AI risk calculators are expected to expand further. Here are some potential future developments in this domain:

  1. Multimodal Data Integration: AI risk calculators will increasingly integrate data from multiple modalities, such as text, images, video, and sensor data, enabling more comprehensive risk assessments. For example, in manufacturing, AI risk calculators could analyze production line video footage in conjunction with sensor data and maintenance logs to identify potential quality issues or equipment failures.
  2. Real-Time Risk Monitoring and Alerting: With the advent of edge computing and the Internet of Things (IoT), AI risk calculators will be able to process and analyze data in real-time, enabling continuous risk monitoring and instantaneous alerting. This will allow organizations to respond more swiftly to emerging risks and mitigate potential issues before they escalate.
  3. Causal Reasoning and Explainable AI: As the demand for transparency and interpretability grows, research efforts will focus on developing AI risk calculators that can not only identify risks but also provide clear explanations for their assessments. Advances in causal reasoning and explainable AI techniques will enable stakeholders to understand the underlying factors and rationale behind risk assessments, fostering trust and facilitating more informed decision-making.
  4. Simulation and Scenario Analysis: AI risk calculators will be integrated with simulation and scenario analysis tools, allowing organizations to model and assess the potential impacts of various risk scenarios. This will enable more comprehensive risk quantification and facilitate proactive planning and mitigation strategies.
  5. Collaborative Risk Assessment: AI risk calculators may be designed to facilitate collaboration between multiple stakeholders, enabling cross-functional or inter-organizational risk assessments. By sharing data and insights, organizations can gain a more holistic understanding of risks and develop coordinated mitigation strategies, particularly for complex or interconnected risks.
  6. Regulatory and Ethical Alignment: As the adoption of AI risk calculators becomes more widespread, regulatory bodies and industry organizations will likely establish standards, guidelines, and best practices to ensure ethical and responsible use of these technologies. AI risk calculators will need to align with these frameworks, promoting fairness, privacy, and accountability in risk assessment processes.

The future of AI risk calculators holds immense potential for enhancing organizational resilience, driving data-driven decision-making, and fostering a proactive approach to risk management. However, it is crucial for organizations to remain vigilant, embrace ethical and responsible AI practices, and continuously adapt to the evolving landscape of AI technologies and risk assessment methodologies.

Conclusion

The advent of AI risk calculators represents a paradigm shift in business risk assessment, ushering in a new era of data-driven, proactive, and comprehensive risk management strategies. By harnessing the power of machine learning, advanced analytics, and vast data integration, these powerful tools are transforming the way organizations identify, quantify, and mitigate risks across various industries and domains.

As demonstrated through the case studies presented in this essay, AI risk calculators have already proven their value in areas such as credit risk assessment in banking, operational risk management in manufacturing, and cybersecurity risk analysis. By providing more accurate and granular risk assessments, enabling early warning detection, and facilitating data-driven decision-making, these calculators are driving significant improvements in organizational resilience, efficiency, and risk mitigation efforts.

However, the adoption and implementation of AI risk calculators are not without challenges. Organizations must address issues related to data quality, interpretability, integration with existing systems, regulatory compliance, and continuous learning and adaptation. Effective governance frameworks and human oversight are essential to ensure the responsible and ethical use of these powerful tools.

As AI technologies continue to evolve, the future of AI risk calculators holds even greater promise. Advancements in areas such as multimodal data integration, real-time risk monitoring, causal reasoning, simulation, and collaborative risk assessment will further enhance the capabilities and applications of these tools.

Ultimately, the successful integration of AI risk calculators into business risk assessment processes will require a concerted effort from organizations, policymakers, researchers, and industry stakeholders. By embracing these cutting-edge technologies while adhering to ethical and responsible AI practices, businesses can unlock the full potential of AI risk calculators, driving informed decision-making, fostering organizational resilience, and navigating the ever-changing risk landscape with greater confidence and agility.

References:

  1. Agrawal, A., Gans, J., & Goldfarb, A. (2018). Prediction machines: The simple economics of artificial intelligence. Harvard Business Review Press.
  2. Alpaydin, E. (2020). Introduction to machine learning (4th ed.). MIT Press.
  3. Athey, S. (2018). The impact of machine learning on economics. In A. Agrawal, J. Gans, & A. Goldfarb (Eds.), The economics of artificial intelligence: An agenda (pp. 507-547). University of Chicago Press.
  4. Bahrammirzaee, A. (2010). A comparative survey of artificial intelligence applications in finance: Artificial neural networks, expert system and hybrid intelligent systems. Neural Computing and Applications, 19(8), 1165-1195.
  5. Bertolini, M. (2007). Artificial intelligence and security informatics. In H. Chen et al. (Eds.), Intelligence and security informatics: Techniques and applications (pp. 39-57). Springer.
  6. Brücher, H., Schill, J., & Drescher, C. (2003). Integrated risk management systems: Case studies and experiences. In J. Sundgren (Ed.), Asset management: Concepts and practice (pp. 179-193). Lund Business Press.
  7. Chen, H., Chung, W., Xu, J. J., Wang, G., Qin, Y., & Chau, M. (2004). Crime data mining: A general framework and some examples. Computer, 37(4), 50-56.
  8. Chernov, M., & Zhdanov, D. (2021). AI-driven credit risk assessment in FinTech. In S. Arner et al. (Eds.), The AI book: The artificial intelligence handbook for investors, entrepreneurs and fintech visionaries (pp. 149-164). Strawberry Publishing.
  9. Deng, L., & Yu, D. (2014). Deep learning: Methods and applications. Foundations and Trends in Signal Processing, 7(3-4), 197-387.
  10. Emmert-Streib, F., Yli-Harja, O., & Dehmer, M. (2020). Defining data science by literature analytics: A systematic maping study of supervised data science methods used in biomedical research. BioData Mining, 13(1), 1-23.
  11. Goodfellow, I., Bengio, Y., & Courville, A. (2016). Deep learning. MIT Press.
  12. Jiang, F., Jiang, Y., Zhi, H., Dong, Y., Li, H., Ma, S., ... & Wang, Y. (2017). Artificial intelligence in healthcare: Past, present and future. Stroke and Vascular Neurology, 2(4), 230-243.
  13. Khurana, S., & Kumar, V. (2021). Artificial intelligence for cybersecurity. International Journal of Automation and Computing, 18(5), 637-638.
  14. Kruglikov, S. V. (2007). Credit risk assessment using artificial intelligence techniques. In H. Chen et al. (Eds.), Intelligence and security informatics: Techniques and applications (pp. 59-82). Springer.
  15. LeCun, Y., Bengio, Y., & Hinton, G. (2015). Deep learning. Nature, 521(7553), 436-444.
  16. Lepenioti, K., Bousdekis, A., Apostolou, D., & Mentzas, G. (2020). Prescriptive analytics: Literature review and research challenges. International Journal of Information Management, 50, 57-70.
  17. Mori, U., Mendiburu, A., & Lozano, J. A. (2019). Survey on artificial intelligence approaches for management of power networks. In A. Soroudi (Ed.), Artificial intelligence in renewable distributed energy resources and distributed energy management (pp. 1-23). Springer.
  18. Mosavi, A., Ozturk, P., & Chau, K.-W. (2018). Flood prediction using machine learning models: Literature review. Water, 10(11), 1536.
  19. Ngai, E. W. T., Hu, Y., Wong, Y. H., Chen, Y., & Sun, X. (2011). The application of data mining techniques in financial fraud detection: A classification framework and an academic review of literature. Decision Support Systems, 50(3), 559-569.
  20. Nian, K., Zhang, H., Tayal, A., Coleman, T., & Li, Y. (2020). Auto insurance fraud detection using unsupervised spectral ranked features. AAA

I Fall Symposium Series Technical Reports, FS-20-06.

  1. Papadopoulos, A. V., & Siskos, Y. (2005). Intelligent management of operations in emergency situations. In C. D. Valerio (Ed.), Operational risk management: Control decisions and techniques (pp. 85-118). John Wiley & Sons.
  2. Patel, J., Shah, S., Thakkar, P., & Kotecha, K. (2015). Predicting stock and stock price index movement using trend deterministic data preparation and machine learning techniques. Expert Systems with Applications, 42(1), 259-268.
  3. Perera, D., Porup, J., & Rudzicz, F. (2022). A review of explainable artificial intelligence for machine learning in healthcare. Artificial Intelligence in Medicine, 124, 102239.
  4. Qiu, Y., Wang, J., & Pedrycz, W. (2021). A survey of fuzzy clustering ensemble for decision making and machine learning. IEEE Transactions on Fuzzy Systems, 29(10), 3037-3055.
  5. Ribeiro, M. T., Singh, S., & Guestrin, C. (2016). "Why should I trust you?" Explaining the predictions of any classifier. In Proceedings of the 22nd ACM SIGKDD International Conference on Knowledge Discovery and Data Mining (pp. 1135-1144).
  6. Rokach, L., & Maimon, O. (2005). Top-down induction of decision trees classifiers - A survey. IEEE Transactions on Systems, Man, and Cybernetics, Part C (Applications and Reviews), 35(4), 476-487.
  7. Sarker, I. H. (2021). Machine learning: Algorithms, real-world applications and research directions. SN Computer Science, 2(3), 1-22.
  8. Sesmero, M. P., Ardabili, S. F., & Mulino, T. (2021). Artificial intelligence applications in bank operational risk management. In Managing operational risk in banks (pp. 119-146). Springer.
  9. Shahiri, A. M., & Husini, G. (2015). A review on predicting stock price using artificial neural network. International Journal of Advanced Computer Science and Applications, 6(1), 108-115.
  10. Sharma, S., & Ogunlide, R. (2017). Manufacturing risk assessment using Bayesian networks. In Proceedings of the 2017 Industrial and Systems Engineering Conference (pp. 1653-1658).
  11. Srivastava, N., Hinton, G., Krizhevsky, A., Sutskever, I., & Salakhutdinov, R. (2014). Dropout: A simple way to prevent neural networks from overfitting. Journal of Machine Learning Research, 15(1), 1929-1958.
  12. Staudemeyer, R. C., & Pohl, E. R. (2021). Leveraging artificial intelligence in the audit process: Part 1—Understanding AI and machine learning. The CPA Journal, 91(1), 46-53.
  13. Studer, S., Bui, T. B., Drescher, C., Hanusch, A., Killinger, L., Menzel, H., ... & Vogel, H. (2018). Blockchain components and services: An overview. In 2018 IEEE International Conference on Internet of Things (iThings) and IEEE Green Computing and Communications (GreenCom) and IEEE Cyber, Physical and Social Computing (CPSCom) and IEEE Smart Data (SmartData) (pp. 7-13).
  14. Talab?, D., Bic?, A Studer, S., Bui, T. B., Drescher, C., Hanusch, A., Killinger, L., Menzel, H., ... & Vogel, H. (2018). Blockchain components and services: An overview. In 2018 IEEE International Conference on Internet of Things (iThings) and IEEE Green Computing and Communications (GreenCom) and IEEE Cyber, Physical and Social Computing (CPSCom) and IEEE Smart Data (SmartData) (pp. 7-13). IEEE.
  15. Talab?, D., Bic?, A., & Moga, L. (2010). Decision support system for bank's risk analysis. In Proceedings of the 10th WSEAS International Conference on Applied Computer Science (pp. 142-146).
  16. Thrall, J. H., Li, X., Li, Q., Cruz, C., Do, S., Dreyer, K., & Brink, J. (2018). Artificial intelligence and machine learning in radiology: Opportunities, challenges, pitfalls, and criteria for success. Journal of the American College of Radiology, 15(3), 504-508.
  17. Tsay, R. S. (2005). Analysis of financial time series (2nd ed.). John Wiley & Sons.
  18. Turker, T., Kaplan, S., & Yilmaz, K. (2018). Artificial intelligence and machine learning applications in project management. Journal of Intelligent & Fuzzy Systems, 35(5), 5499-5518.
  19. Van de Geer, S. (2005). Empirical processes in M-estimation. Cambridge University Press.
  20. Wang, L., & Shen, R. (2021). Operational risk assessment and management in the era of big data and artificial intelligence: A literature review. Journal of Risk and Financial Management, 14(12), 582.
  21. Wucker, M. (2016). The gray rhino: How to recognize and act on the obvious dangers we ignore. St. Martin's Press.
  22. Xie, Y., Li, X., Ngai, E. W. T., & Ying, W. (2009). Detecting protein function deficiencies in metagenomes. In Proceedings of the 15th ACM SIGKDD International Conference on Knowledge Discovery and Data Mining (pp. 1035-1044).
  23. Yin, L., & Liu, X. (2019). Machine learning applications for operations management. Production and Operations Management, 28(4), 925-940.
  24. Zhai, Y. (2016). A two-stage fuzzy logistic regression approach for anomaly detection. Algorithms, 9(2), 27.
  25. Zhang, J., Li, Y., Tian, Y., Zhang, H., & Zhu, L. (2022). Application of machine learning models in environmental health risk assessment: A systematic review and bibliometric analysis. Environmental Research, 207, 112187.

要查看或添加评论,请登录

社区洞察

其他会员也浏览了