- (Topic 1)
Which of the following is NOT a common type of machine learning?
Correct Answer:B
The common types of machine learning include supervised learning, unsupervised learning, reinforcement learning, and deep learning. Cognitive learning is not a type of machine learning; rather, it is a term often associated with the broader field of cognitive science and psychology. Reference: AIGP BODY OF KNOWLEDGE and standard AI/ML literature.
- (Topic 2)
What is the best reason for a company adopt a policy that prohibits the use of generative Al?
Correct Answer:D
The primary concern for a company adopting a policy prohibiting the use of generative AI is the risk of accidental disclosure of confidential and proprietary information. Generative AI tools can inadvertently leak sensitive data during the creation process or through data sharing. This risk outweighs the other reasons listed, as protecting sensitive information is critical to maintaining the company’s competitive edge and legal compliance. This rationale is discussed in the sections on risk management and data privacy in the IAPP AIGP Body of Knowledge.
- (Topic 1)
CASE STUDY
Please use the following answer the next question:
ABC Corp, is a leading insurance provider offering a range of coverage options to individuals. ABC has decided to utilize artificial intelligence to streamline and improve its customer acquisition and underwriting process, including the accuracy and efficiency of pricing policies.
ABC has engaged a cloud provider to utilize and fine-tune its pre-trained, general purpose large language model (“LLM”). In particular, ABC intends to use its historical customer data—including applications, policies, and claims—and proprietary pricing and risk strategies to provide an initial qualification assessment of potential customers, which would then be routed tA. human underwriter for final review.
ABC and the cloud provider have completed training and testing the LLM, performed a readiness assessment, and made the decision to deploy the LLM into production. ABC has designated an internal compliance team to monitor the model during the first month, specifically to evaluate the accuracy, fairness, and reliability of its output. After the first month in production, ABC realizes that the LLM declines a higher percentage of women's loan applications due primarily to women historically receiving lower salaries than men.
The best approach to enable a customer who wants information on the Al model's parameters for underwriting purposes is to provide?
Correct Answer:A
The best approach to enable a customer who wants information on the AI model's parameters for underwriting purposes is to provide a transparency notice. This notice should explain the nature of the AI system, how it uses customer data, and the decision- making process it follows. Providing a transparency notice is crucial for maintaining trust and compliance with regulatory requirements regarding the transparency and accountability of AI systems.
Reference: According to the AIGP Body of Knowledge, transparency in AI systems is essential to ensure that stakeholders, including customers, understand how their data is being used and how decisions are made. This aligns with ethical principles of AI governance, ensuring that customers are informed and can make knowledgeable decisions regarding their interactions with AI systems.
- (Topic 1)
CASE STUDY
Please use the following answer the next question:
Good Values Corporation (GVC) is a U.S. educational services provider that employs teachers to create and deliver enrichment courses for high school students. GVC has learned that many of its teacher employees are using generative Al to create the enrichment courses, and that many of the students are using generative Al to complete their assignments.
In particular, GVC has learned that the teachers they employ used open source large language models (“LLM”) to develop an online tool that customizes study questions for individual students. GVC has also discovered that an art teacher has expressly incorporated the use of generative Al into the curriculum to enable students to use prompts to create digital art.
GVC has started to investigate these practices and develop a process to monitor any use
of generative Al, including by teachers and students, going forward.
Which of the following risks should be of the highest concern to individual teachers using generative Al to ensure students learn the course material?
Correct Answer:B
The highest concern for individual teachers using generative AI to ensure students learn the course material is model accuracy. Ensuring that the AI-generated content is accurate and relevant to the curriculum is crucial for effective learning. If the AI model produces inaccurate or irrelevant content, it can mislead students and hinder their understanding of the subject matter.
Reference: According to the AIGP Body of Knowledge, one of the core risks posed by AI
systems is the accuracy of the data and models used. Ensuring the accuracy of AI- generated content is essential for maintaining the integrity of the educational material and achieving the desired learning outcomes.
- (Topic 1)
Which of the following best defines an "Al model"?
Correct Answer:D
An AI model is best defined as a program that has been trained on a set of data to find patterns within that data. This definition captures the essence of machine learning, where the model learns from the data to make predictions or decisions. Reference: AIGP BODY OF KNOWLEDGE, which provides a detailed explanation of AI models and their training processes.
- (Topic 1)
CASE STUDY
Please use the following answer the next question:
XYZ Corp., a premier payroll services company that employs thousands of people globally, is embarking on a new hiring campaign and wants to implement policies and procedures to identify and retain the best talent. The new talent will help the company's product team expand its payroll offerings to companies in the healthcare and transportation sectors, including in Asia.
It has become time consuming and expensive for HR to review all resumes, and they are concerned that human reviewers might be susceptible to bias.
Address these concerns, the company is considering using a third-party Al tool to screen resumes and assist with hiring. They have been talking to several vendors about possibly obtaining a third-party Al-enabled hiring solution, as long as it would achieve its goals and comply with all applicable laws.
The organization has a large procurement team that is responsible for the contracting of technology solutions. One of the procurement team's goals is to reduce costs, and it often prefers lower-cost solutions. Others within the company are responsible for integrating and deploying technology solutions into the organization's operations in a responsible, cost- effective manner.
The organization is aware of the risks presented by Al hiring tools and wants to mitigate them. It also questions how best to organize and train its existing personnel to use the Al hiring tool responsibly. Their concerns are heightened by the fact that relevant laws vary across jurisdictions and continue to change.
All of the following are potential negative consequences created by using the Al tool when making hiring decisions EXCEPT?
Correct Answer:D
The potential negative consequences of using an AI tool in hiring include reputational harm (A), civil rights violations (B), and discriminatory treatment (C). These issues stem from biases in the AI system or its misuse, which can lead to unfair hiring practices and legal liabilities. Intellectual property infringement (D) is not a typical consequence of using AI in hiring, as it relates to the unauthorized use of protected intellectual property, which is not directly relevant to the hiring process or the potential biases within AI tools.