ChatGPT-OpenAI is creating quite the buzz in the Artificial Intelligence world as it promises the...
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Finance
ChatGPT-OpenAI is creating quite the buzz in the Artificial Intelligence world as it promises the use of AI to create, for example, documents in an ethical and safe manner. To no ones surprise there are no representations by OpenAI concerning the accuracy of the informational content so care is warranted by the user rather than acceptance of the content produced by the Bot. Everyone seems to be in agreement that the benefits of AI in a business context outweigh the burdens associated with its use and its growth and refinement will continue. There also seems to be a consensus that accountability must follow even the most responsible user if the AI causes damages to a third party. Do you think the insurance industry will insure the risks associated with the use of AI? Why or why not?
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