AI, uninsurable 🫨


"One underwriter describes the AI models’ outputs to the FT [Financial Times] as 'too much of a black box.'

"What really terrifies insurers isn’t one massive payout; it’s the systemic risk of thousands of simultaneous claims when a widely used AI model steps in it. 

"As one Aon executive put it, insurers can handle a $400 million loss to one company. What they can’t handle is an agentic AI mishap that triggers 10,000 losses at once."

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