Intro to AI
What is incorrect or false content generated by an LLM called?
A hallucination
What is AI predicted to increase globally by up to $7 trillion over the next 10 years?
Global GDP
What approach can users take to minimize hallucination risks while using generative AI models?
Human-in-the-loop
What prompt engineering principle ensures that your prompt is detailed and clear?
Clarity and specificity
What term describes the overburden of administrative tasks preventing productive work?
Digital debt
What technology allows computers to learn from data?
Machine learning
What stage of AI adoption is defined by broadly and systematically deploying AI?
Run stage
What type of risk includes advanced deep phishing attacks?
Cybersecurity
What is a technique to improve AI output's for a large, complicated task?
Step by step instructions
What organizational mindset supports daily use of AI tools and skills?
Culture of AI
What does LLM stand for?
Large Language Model
What AI capability helps enhance human decision-making rather than replacing it?
Augmentation
What can be prevented by using highly curated data and extensive testing?
Bias/unfairness
How many hours does it take to "master" using AI tools for problem solving?
10 hours
What is a living document that should be frequently updated that understands the risks of AI and outlines clear rules for employee use?
AI use policy
What is the key difference between Generative AI and other types of AI?
Creation of new content
What two stages of AI adoption are most public pension funds currently in?
Pre-crawl (wait and see) and crawl (governance definition)
How can organizations protect their intellectual property while using AI tools?
Use a private AI and/or have clear governance policies
What is the main purpose of prompt engineering?
Optimize outputs
What document defines the AI team, approved use cases and tools and terms of engagement for an organization?
AI governance charter
Which type of AI automates repetitive, rule-based tasks?
Robotic Process Automation (RPA)
In the AI case study, what AI tool was deployed to increase project efficiency and decrease reliance on SMEs?
a private Retrieval Augmented Generation (RAG) AI
What is the regulatory framework mentioned that helps organizations manage AI risks?
NIST AI Risk Management Framework (RMF)
What is the prompt engineering principle that will give the AI background information to set the scenario?
Contextualization
What is the first step in establishing AI governance in an organization?
Assemble an AI team