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Berkshire Hathaway sub TransRe announces CAIO post, dedicated AI team

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Re: Berkshire Hathaway sub TransRe announces CAIO post, dedicated AI team

#3
This reminded me of the "dumbest" startup idea from the ZIRP era for my money: Lemonade a.k.a A.I insurance. The entire premise(pitch desks and discussions during roadshow) was that they had some unique insight into A.I that would allow them to be better at either targeting good areas of the market or having better forecasts, as if Munich/Swiss/etc couldn't just hire.... an AI guy.

Stock is down like 90+% from Covid ATH, but credit where credit is due, they did manage to "dump their bags".