
Contingency Planning
Contingency planning is the process of creating a plan to prepare for unexpected events or situations that may disrupt normal business operations. In data science and artificial intelligence, contingency planning involves identifying potential risks and developing strategies to mitigate them. This includes creating backup systems and data recovery plans in case of system failures or cyber attacks, as well as developing protocols for handling unexpected changes in data or models. Contingency planning is an important aspect of risk management in data science and artificial intelligence, as it helps organizations to minimize the impact of unexpected events and maintain business continuity.
Your Previous Searches
Random Picks
- Statistical Hypothesis Test: Statistical Hypothesis Test is a method of making decisions using data from a scientific study. It is a process of testing whether a hypothesis about a population parameter is supported by the evidence provided by a sample of data. The test ... Read More >>
- Weighted Combination: Weighted combination is a technique used in data science and artificial intelligence to combine the predictions of multiple models or algorithms. In this technique, each model is assigned a weight based on its performance on a validation se ... Read More >>
- Atomic Clocks: Atomic clocks are devices that measure time based on the vibrations of atoms. They use the oscillation of atoms as a frequency standard for timekeeping, which is more accurate than traditional timekeeping methods. Atomic clocks are used in ... Read More >>
Top News
Employees were already freaked out about AI — Amazon just proved them right...
Amazon CEO Andy Jassy acknowledged in a Tuesday statement what many workers have been scared of: Artificial intelligence will soon mean job cuts....
News Source: Business Insider on 2025-06-18

Trump’s purges come for the U.S.’ nuclear safety board...
Donald Trump’s efforts to strip federal agencies and commissions of their independence took an alarming step Monday, when the president fired one of the five commissioners who sit on the Nuclear Reg...
News Source: MSNBC on 2025-06-17

Amazon says it will reduce its workforce as AI replaces human employees | CNN Bu...
Amazon says it will reduce its workforce as AI replaces human employees | CNN Businesscnn.com...
News Source: CNN on 2025-06-17

Amazon’s Jassy says AI will reduce company’s corporate ranks...
Andy Jassy expects the company’s workforce to decline in the next few years....
News Source: Fortune on 2025-06-17
Bank of America is bullish on these 4 under-the-radar AI stocks...
Investors interested in the AI trade beyond the Magnificent Seven should look into these four stocks with breakout growth potential....
News Source: Business Insider on 2025-06-17