The Effective Statistician - in association with PSI cover image

The Most Important Things You Need to Know About AI And ML

The Effective Statistician - in association with PSI

CHAPTER

Navigating Regulations with Language Models

This chapter explores the complexities of adhering to various guidelines in project design and the role of large language models in simplifying this navigation. It discusses the trade-offs between accuracy and speed when choosing between consultants, self-research, or language models, while also emphasizing the importance of personalized benchmarks. The conversation also highlights the critiques surrounding these models, particularly in regards to their probabilistic nature and the need for effective guardrails to ensure accuracy.

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