|
The move by Moody's is the latest sign of distress in private credit; retail investors have been rushing to withdraw funds from Blackstone to Apollo.
|
|
Rubio testifies against friend accused of secretly working for Maduro The Washington PostSecretary of State Marco Rubio testifies at trial of former Florida congressman CNNMarco Rubio testifies in former housemate's Maduro lobbying trial BBCProsecutors portray Rivera, colleague as ‘greedy' foreign agents for Venezuela Miami HeraldRubio to testify in friend's trial over Venezuela oil deal Axios
|
|
Epic Games cuts 1,000 jobs, says Fortnite engagement is down TechCrunchToday's layoffs Epic GamesEpic Games Laying Off 1,000 Employees, Swears AI Is Not to Blame GizmodoFortnite-maker Epic Games lays off 1,000 more staff BBCCary-based Epic Games to cut 1,000 jobs, seek $500 million in savings as Fortnite slows WRAL
|
RELATED ARTICLES | | |
|
Former GM executive CEO Pamela Fletcher told CNBC "the faster path, and frankly, a big need, is out there in this defense space."
|
|
Most artificial intelligence (AI) efforts fail. They don't fail because of the tool, the core software, or bad data. They fail because they don't integrate with business and wind up being more of a hindrance than a help.
This isn't just an AI problem; it's true of most forms of automation. Projects fail because the people building the solution have no clue about the actual goal, the nature and dependencies of their current operations, or even whether those operations are optimized. (In some ways that last one suggests an AI failure might be more beneficial - if you have a bad process in place, the last thing you want to do is speed it up!)
To achieve success, you first need to fix the process or operation, fully define it, set forth a set of achievable goals for the AI project and staff, and then execute on it. That's why I'm fascinated by BCG, a consultancy that is increasingly focused on AI; its tactics evolved out of efforts to help companies improve operations with a strategic goal in mind.
To read this article in full, please click here
|
|
