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Search resuls for: "Susan Caminiti"


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☆ Chasing after a chief AI officer may be a big mistake, says top tech recruiter
  + stars: | 2024-05-03 | by ( Susan Caminiti | ) www.cnbc.com   time to read: +5 min
As companies race to deploy artificial intelligence in ways that aim to make them better at operating, hiring, and competing, they're also chasing after top AI talent, including filling the position of chief AI officer. A lot of these companies, Doonan said, "can't really articulate what they want, why they want it, and what are the outcomes that they're looking for." "All I could think is that you could change the word 'cowbell' to 'AI,'" Doonan said. Without that understanding, Doonan said companies are going to hire "somebody really senior and they're going to be doing [data] clean-up for the next two years. Of course, that hasn't stopped companies from wanting to add a chief AI officer to their ranks.
Persons: they're, Mike Doonan, Doonan, CNBC's, Jon Fortt, Christopher Walken, that's, hasn't, LinkedIn's, I've Organizations: CNBC Technology, Alteryx's Enterprise
☆ Why UnitedHealth, Change Healthcare were targeted by ransomware hackers, and more cybercrime will hit patients, doctors
  + stars: | 2024-03-15 | by ( Susan Caminiti | ) www.cnbc.com   time to read: +2 min
The ransomware attack on UnitedHealth's Change Healthcare subsidiary last month not only brought to light how attractive the data-rich U.S. health-care industry is to hackers and how devastating the consequences for patients and doctors, but also how sophisticated cyber criminals are becoming when targeting vulnerable sectors. Change Healthcare is the largest clearinghouse for insurance billing and payments in the U.S. Since the February 21 attack, the thousands of doctors, hospitals and other health providers that depend on Change Healthcare for billing reimbursements have not been paid as the company works to bring its systems back online. UnitedHealth told CNBC in a statement that it will cooperate with the investigation from the OCR. "Our immediate focus is to restore our systems, protect data and support those whose data may have been impacted," the company said.
Persons: UnitedHealth, Sumedh Thakar, Qualys, it's Organizations: Change Healthcare, U.S . Department of Health, Human Services, HHS, Civil Rights, CNBC Locations: U.S
☆ There is only one way to overcome workers' fear of AI, says PwC's Tim Ryan
  + stars: | 2023-09-14 | by ( Susan Caminiti | ) www.cnbc.com   time to read: +1 min
As companies look to deploy generative artificial intelligence across their businesses, leaders run the risk of leaving the bulk of their employees behind. That's a mistake that will cost companies dearly, according to PwC's Tim Ryan. Since generative AI burst onto the business landscape last November, CEOs have been trying to understand the impact the technology will have on their companies. He knew the only way to quell that worry was to train them on the new technologies PwC was using. Upskilling was very important because we were sensitive to what our people were feeling, and that was worry."
Persons: Tim Ryan, Ryan, he's, Upskilling Organizations: Workers Locations: PwC
☆ The generative A.I. battle between companies and hackers is starting
  + stars: | 2023-08-02 | by ( Susan Caminiti | ) www.cnbc.com   time to read: +4 min
More and more individuals have the capabilities of hackers, using things like ransomware-as-a-service and AI, and for CISOs and other cyber leaders, the rapid adoption of generative AI "changes the threat landscape tremendously," he said. For example, the use of generative AI has made phishing attacks easier and more authentic looking. With generative AI, a non-English-speaking bad actor can instantly and nearly flawlessly translate an email into any language, making it harder for employees to spot the fakes. In fact, using AI to amplify speed and scale in cybersecurity is among the biggest benefits experts see coming in the near term. I think over the next year, cyber leaders are going to figure out where AI is really useful and where it's not."
Persons: Joe Biden, Collin R, Walke, Hall Estill's, Stephen Boyer, " Boyer, Michael McNerney, OpenAI, McNerney, it's Organizations: Amazon, Google, Microsoft, Resilience, Valley's Locations: cybersecurity
☆ How an early-stage venture capitalist is trying to separate the winners and losers in A.I.
  + stars: | 2023-06-27 | by ( Susan Caminiti | ) www.cnbc.com   time to read: +2 min
Buhler says the biggest difference he sees in the AI landscape today is the accessibility of the technology. LLMs, he adds, didn't change "everything under the hood, they changed the interface and the way people can interact with AI." With almost any company able to integrate AI into any application, he invests in startups that use AI as real leverage. In the most recent CNBC Technology Executive Council survey, nearly half of the companies (47%) said that AI is their top priority for tech spending over the next year. In fact, AI budgets are more than double those of cloud computing, the second-biggest spending area at 21%.
Persons: Konstantine Buhler, Buhler Organizations: Microsoft, Engineers, Sequoia Capital, CNBC Technology, CNBC Locations: Brussels, Belgium, San Francisco
☆ A message for male CEOs on return to office from a Wall Street women's leader
  + stars: | 2023-04-03 | by ( Susan Caminiti | David Bogoslaw | Special To Cnbc.Com | ) www.cnbc.com   time to read: +3 min
In this article CTRN Follow your favorite stocks CREATE FREE ACCOUNTCommuters exit a Wall Street subway station near the New York Stock Exchange (NYSE) in New York, US. Yet, even as layoffs in tech and beyond mount, employees are pushing back against leaders who issue return-to-office mandates. Companies that look to recreate a pre-pandemic way of working are going to be left behind when it comes to keeping and attracting the best talent. At the CFO meeting, she told a majority male group of finance leaders to look around the room. And believe me, if being in the office was going to work to get more women and people of color promoted, it would have happened already.
☆ How Walmart is using A.I. to make shopping better for its millions of customers
  + stars: | 2023-03-27 | by ( Susan Caminiti | Kevin Travers | ) www.cnbc.com   time to read: +1 min
Amid the recent flurry of excitement around the transformational potential of ChatGPT is the fact that companies have been using artificial intelligence across their businesses for years. But few companies have the ability to gather the massive data sets that power AI quite like Walmart . There are roughly 4,700 Walmart stores and 600 Sam's Clubs in the U.S. employing a combined 1.6 million workers — or associates as the company likes to call them. "[Customers] are generating all these breadcrumbs about what they like and want and that's allowing us to make the shopping experience better," she said. At Sam's, that means staying on top of roughly 6,000 items stacked on shelves in warehouse stores that average 136,000 sq.
☆ More automation, not just additional tech talent, is what is needed to stay ahead of cybersecurity risks
  + stars: | 2023-03-02 | by ( Susan Caminiti | ) www.cnbc.com   time to read: +4 min
Further, 93% of the CISOs surveyed believe they are spending too much time on tactical tasks instead of performing strategic, high-value work and management responsibilities. Among the CISOs surveyed, 100% said they needed additional resources to adequately cope with current IT security challenges. But there are solutions — and it's not just finding more talent, says George Tubin, director of product marketing at Cynet. All these people are my partners and working with them enables us to stay ahead of risks." "It's not that CISOs don't realize the job comes with a certain amount of stress," Tubin says.
☆ CFOs learn how to respond and lead during a cyberattack
  + stars: | 2022-12-19 | by ( Susan Caminiti | ) www.cnbc.com   time to read: +2 min
After returning to the office from an exhausting overseas trip, your CIO informs you that malware was deployed within your customer databases. CFOs from the Council were broken up into teams, each representing a fictitious company in a specific industry such as financial services, healthcare, energy, and pharma/biotech. As the scenario moved along, CFOs were given the next development or demand in the attack. Once they knew a ransomware demand was made, the most pressing question was whether they should pay the money. Others turned immediately to the participants playing company lawyers to determine how much cyber insurance they had on hand to pay the ransomware.
☆ Testing Meta’s Quest Pro VR headset with CNBC Technology Executive Council members
  + stars: | 2022-11-18 | by ( Susan Caminiti | ) www.cnbc.com   time to read: +3 min
Much of this vision hinges on Meta's $1,500 Quest Pro headset, which went on sale last month. The new virtual reality headset has some noted improvements over the mass consumer $400 Quest 2 headset model (which will remain on sale, though a Quest 3 is expected next year) — notably better sound and sensors. The Quest Pro can track your eyes and face, so your avatar can make the same faces that you do. Meta is betting that businesses, not consumers, are going to be the first big market for the Pro headset. Mark Zuckerberg, chief executive officer of Meta Platforms Inc., demonstrates the Meta Quest Pro during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022.
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