This week's episode, "The Bargain AI That Could Break Your Business," explores the emerging practice of AI model distillation, where large AI models are compressed into smaller, more efficient versions. While this offers benefits like reduced costs and wider accessibility, John A. Wheeler - founder and CEO of Wheelhouse Advisors and leading global expert on risk management technology, cautions about potential hidden risks. These dangers include amplified biases, data gaps leading to performance decay, less transparent decision-making, and complications regarding intellectual property and regulatory compliance, as exemplified by the case of DeepSeek. To mitigate these risks, Wheeler advocates for an Integrated Risk Management (IRM) framework encompassing enterprise, operational, technology, and governance risk management. This discussion centers on the notion that while distilled AI is appealing, a balanced approach considering potential pitfalls and robust risk management is crucial for its successful and ethical adoption.
Don't forget to subscribe on your favorite podcast platform—whether it's Apple Podcasts, Spotify, or Amazon Music.
Please contact us directly at info@wheelhouseadvisors.com or feel free to connect with us on LinkedIn and X.com.
Visit www.therisktechjournal.com to learn more about the topics discussed in today's episode.
