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Impact of technology on insurance industry

Hacker Earth

Like every other industry, the global insurance sector, worth over $5 trillion, has undergone an immense overhaul because of disruptive technologies in recent years. According to PwC’s 2017 Global InsurTech Report, the challenges the insurance industry faces in their ability to innovate are. Artificial Intelligence.

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Digital listening reveals 3 leading innovation drivers

CIO Business Intelligence

In six short months, ChatGPT propelled artificial intelligence (AI) into the minds and imaginations of the masses more than any other development since the term “AI” was coined in 1956. Data Storage: Computer scientists and programmers assert that blockchain offers certain advantages for data storage compared to alternatives.

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How is artificial intelligence in surgery and healthcare changing our lives?

Dataconomy

AI has become integral to our daily lives, and now the science world is exploring the potential of artificial intelligence in surgery. The integration of artificial intelligence in surgery has the potential to optimize treatment efficacy, minimize adverse effects, and improve patient satisfaction.

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Is it impossible to stop your data being used to train AI?

Dataconomy

Artificial intelligence (AI) is one of the most rapidly developing technologies of our time. Health Insurance Portability and Accountability Act (HIPAA) : In the United States, HIPAA protects sensitive patient health information from being disclosed without the patient’s consent or knowledge. Is AI the same? Potentially.

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NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. Financial services firms all over the globe are investing heavily in artificial intelligence (AI). The rise of chatbots… and their weaknesses.

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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

Hot: AI and VR/AR With digital transformations moving at full throttle, and a desire to stay innovative, it should come as no surprise that use cases for virtual reality, augmented reality, and artificial intelligence continue to grow in several verticals. This should secure our business strategy for the next five years and longer.”

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Tesla bucks chip shortage woes with another profitable quarter

The Verge

Tesla also held an “AI Day” event where Musk detailed its artificial intelligence efforts and announced the company is starting to work on humanoid robots. Executives on the call also spoke about recent testing of the Cybertruck, efforts to keep growing the Supercharger network, and the upside of dabbling in insurance.