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The Risks and Benefits of Using AI to Detect Crime

Harvard Business Review

For instance, banks have been using transaction monitoring systems for decades based on pre-defined binary rules that require the output to be manually checked. The success rate is generally low: On average, only 2% of the transactions flagged by the systems ultimately reflect a true crime or malicious intent. Adopting AI.

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How Merck Is Trying to Keep Disrupters at Bay

Harvard Business Review

EB operates Ilum as a separate business, while still drawing on Merck’s established corporate resources in IT, finance, privacy, compliance, and legal. EB plays the role of a venture capitalist or private-equity board with responsibility to sell, spin-out, or wind-down initiatives that, in practice, are found to be a poor strategic fit.