Remove 2016 Remove Big Data Remove Black Box AI
article thumbnail

What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. Recently, Stanford University released its 2022 AI Index Annual Report , where it showed between 2016 and 2021, the number of bills containing artificial intelligence grew from 1 to 18 in 25 countries.