The emergence of artificial intelligence (AI) and automation brings many benefits to businesses but, in the wrong hands, the technology can introduce potential risks that could counterbalance its positive impact, a report by Allianz Global Corporate & Specialty (AGCS) said.
The report, titled “The Rise of Artificial Intelligence: Future Outlook and Emerging Risks”, identifies both the benefits and risks associated with the increasing integration of AI in society and industry, including the insurance sector.
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