Generative AI shows incredible promise for enterprise applications. The explosion of generative AI can be attributed to the convergence of several factors. Most significant is that the barrier to entry has dropped for AI application developers through customizable prompts (few-shot learning), enabling laypeople to generate high-quality content. The flexibility of models like ChatGPT and DALLE-2 have sparked curiosity and creativity about new applications that they can support. The number of tools will continue to grow in a manner similar to how AWS fueled app development. But excitement must be tampered by concerns about new risks imposed to business and society. Increased capability and adoption also increase risk exposure. As organizations explore creative boundaries of generative models, measures to reduce risk must be put in place. However, the enormous size of the input space and inherent complexity make this task more challenging than traditional ML models.

In this presentation from Databricks' Data + AI Summit 2023, Robust Intelligence CEO Yaron Singer summarizes the new risks introduced by the new class of generative foundation models through several examples, and compare how these risks relate to the risks of mainstream discriminative models. Steps can be taken to reduce the operational risk, bias and fairness issues, and privacy and security of systems that leverage LLM for automation. Learn about model hallucinations, output evaluation, output bias, prompt injection, data leakage, stochasticity, and more. Yaron discusses some of the larger issues common to LLMs and show how to test for them. A comprehensive, test-based approach to generative AI development will help instill model integrity by proactively mitigating AI risk.