Insurers retreat from AI cover as risk of multibillion-dollar claims mounts
Posted by mechamechaman
Insurers retreat from AI cover as risk of multibillion-dollar claims mounts
Posted by mechamechaman
2 Comments
[Link for global poor](https://removepaywalls.com/https://www.ft.com/content/abfe9741-f438-4ed6-a673-075ec177dc62)
I think I am a little more AI hopeful then some but if AI become uninsurable I don’t know how mass adoption happens.
Insurability was always one of the reasons I thought it would struggle to replace people, particularly in certain industries (like law) where professionals have fiduciary duties to clients. One large mistake from a hallucination or otherwise could easily cost people millions or billions of dollars.