AI’s Transformative Potential & Navigating New Risks

Insurance Journal Podcast

AI offers revolutionary benefits on par with the Internet, but businesses must address six key risks to fully capture its potential while ensuring safety and compliance. In this excerpt, Elizabeth Blosfield, Deputy Editor of Carrier Management, talks with Matt Van Itallie, Founder and CEO of Sema about six key concerns. To watch the full interview and the rest of the summit talks, visit riskyfuture.com.

Main Points:

1. Six Critical AI Risks: Key concerns include confident inaccuracies, data bias, and challenges with legacy system integration, all of which need careful management to unlock AI’s value.
2. Data Privacy and Compliance: With AI’s vast data processing capabilities, ensuring privacy and meeting regulatory requirements become even more critical.
3. New AI-Driven Risk Categories: As AI-generated code introduces novel risk factors, organizations must adjust their risk management strategies to include AI-specific threats.

#ArtificialIntelligence #AIrisks

The post AI’s Transformative Potential & Navigating New Risks appeared first on Insurance Journal TV.