MIS 200 Exam 1 Review

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Data VS Information VS Knowledge:

- Data: raw facts; unformatted - Information: processed and formatted - Knowledge: information presented in a way to understand

GenAI Limitations:

- Does not "think" as humans conceive of thought - No internal state representation of the world - Content is dependent on the data it is trained on - Can conflate what is popular with what is true - Limited to producing and summarizing long-form text - Bad at keeping up with "moving" data

Examples of Knowledge Workers

- Financial Analyst - Computer Programmer - Marketing Analyst - Accountants

Components of Information Systems:

- Hardware - Software - Telecommunication Networks

AI Outputs can produce Falsehoods that:

- Include inaccurate information - Create citations and nonexistent sources - Respond irrationally

Ethical Code of Conduct:

- Is it legal - Is it ethical - Does it make business sense

Impacts of the Digital World

- Privacy - Mental Health - Environment - Addiction - Work

Examples of GenAI Content

- Text - Images - Code - Audio

Internet of Things (IoT)

A network of a broad range of objects that can share data over the internet (Ex: smart watch, smart refrigerator)

Neural Networks

Algorithms that scan huge amounts of data, analyze it, and identify patterns within it; primary component of GenAI

GenAI

An algorithmic data processing and learning model designed to be able to dynamically create original content

Popular Text AI Tools

ChatGPT and Eden AI

Information Privacy

Concerned with what information an individual should have to revel to others

Big Data

Extremely large and complex dataset characterized as being of high volume, variety, and velocity

Popular Video AI Tools

Fliki and Descript

Tokens

GPT breaks prompt down into smaller inputs

Not all WHITE COLLAR JOBS are what?

Knowledge workers

Large Language Models (LLMs)

Known as language-based Neural Networks

Popular Image AI Tools

Midjourney and Dall-E

Digital Density

Number of people and objects that are connected

Outsourcing

Practice of hiring a party outside a company to perform services/create goods

Knowledge Workers

Synthesize knowledge as a fundamental part of their jobs

Globalization

Term to describe how trade and technology have made the world more connected and interdependent

Digital Divide

The advantage those with access to information systems have compared to those without access

The Digital World

The availability and use of digital tools to communicate via Internet, digital devices, smart devices, and other technologies

People

The builders, managers, users of information systems

Organizations

The context of information systems

Data

The root purpose of information systems (Collect, organize, synthesize)

Embeddings

Tokens are included into this to create relational links

Not all BLUE COLLAR JOBS are what?

Traditional workers

ChatGPT doesn't understand languages in the sense we do (T or F)

True

Network Effect

Whatever makes up the network; the more devices you have the more useful the network is


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