Episode 5: AI & Accountability
‧
27m
5s
AI – safe and sound
It's no secret that AI is so advanced today that it can do practically anything, including complex human tasks. But great opportunities come with risks. If the algorithm fails to perform as expected, the consequences can be drastic – from huge financial losses to life-threatening consequences.
78% of decision makers believe AI will disrupt their industry, while at the same time 87% of them have no confidence in AI. Why is this and how can this paradox be overcome?
Welcome to "AI - safe and sound" - an expert podcast series by Munich Re. Together with players from the AI industry, we explore the potential of AI and provide different perspectives on the technology and potential risks.
In the episodes, we discuss how to support the development of AI-based innovations that enable better and more consistent decision-making, while managing the downsides associated with new risks.
We also provide insights on how Munich Re is supporting the adoption of AI and why an insurance company is the right partner for AI providers.
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