How insurance can mitigate AI risks

An employee of Nissan Motor Co monitors real-time power usage data at the company's facilities at the Oppama plant in Yokosuka, south of Tokyo July 2, 2011. With 35 of Japan's 54 nuclear power plants shut, the Japanese government has ordered big companies to cut their peak power consumption by 15 percent from last year this summer, in the first such mandate since the oil crisis of 1974. To meet the target, the auto industry has changed its weekend holidays to Thursdays and Fridays between July and September. REUTERS/Yuriko Nakao (JAPAN - Tags: TRANSPORT ENERGY) - GM1E7721AIH01

Introduction [author-bio] There is a growing consensus that artificial intelligence (AI) will fundamentally transform our economy and society.1 A wide range of commercial applications are being used across many industries. Among these are anomaly detection (e.g., for fraud mitigation), image recognition (e.g., for public safety), speech recognition and natural language generation (e.g., for virtual assistants), … Continue reading How insurance can mitigate AI risks