Insurers launch cover for losses caused by AI chatbot errors

Post by parpfish » Wed, May 14, 2025, 12:08 AM UTC

bpodgursky wrote: post #34

em-bee wrote: post #25

Earlier quoted context omitted.

while i am not a fan of the AI craze, and regardless of what i think of the practices of certain insurers, my first thought was that the current state of AI naturally lends itself for insurance. there is a chance that AI gives you a right or wrong answer. and a lesser chance that a wrong answer will lead to damages. but risk averse users will want to protect themselves. so as long as the income insurers make is highe…

It's also easier in many ways than insuring against employees because the insurance company can evaluate a precise model and insure against it, as opposed to employees where the hiring bar can vary.

Post by Retric » Wed, May 14, 2025, 12:15 AM UTC

parpfish wrote: post #42

Retric wrote: post #35

Earlier quoted context omitted.

Doing that kind of analysis is expensive for the insurance company. Insurance generally offsets low precision with higher premiums and a wide range of clients. 1 employee has a lot of variability but 100,000 become reasonably predictable.

But what if all 100,000 employees are exact copies of each other because they’re all the same ai chatbot?

Post by A1kmm » Wed, May 14, 2025, 2:00 AM UTC

bpodgursky wrote: post #34

em-bee wrote: post #25

Earlier quoted context omitted.

while i am not a fan of the AI craze, and regardless of what i think of the practices of certain insurers, my first thought was that the current state of AI naturally lends itself for insurance. there is a chance that AI gives you a right or wrong answer. and a lesser chance that a wrong answer will lead to damages. but risk averse users will want to protect themselves. so as long as the income insurers make is highe…

It's also easier in many ways than insuring against employees because the insurance company can evaluate a precise model and insure against it, as opposed to employees where the hiring bar can vary.

Post by hoistbypetard » Wed, May 14, 2025, 2:43 AM UTC

yieldcrv wrote: post #37

AI that hallucinates accurately enough times should just carry Errors and Omissions insurance like human contractors do

Post by john-h-k » Wed, May 14, 2025, 3:19 AM UTC

conartist6 wrote: post #4

Man I wish I could get insurance like that. "Accountability insurance" You were responsibile for something, say, child care, and you just decided to go for beer and leave the child with an AI. The house burns down, but because you had insurance you are not responsible. You just head along to your next child care job and don't too much worry about it.