artificial intelligence News

Self-Driving Trucks Begin Mail Delivery Test for U.S. Postal Service

The U.S. Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward in the effort to commercialize autonomous vehicle technology for hauling freight. San Diego-based startup TuSimple said its self-driving …

Viewpoint: What’s Hiding in Your Medical Records?

Every year, organizations pay out millions of dollars in settlements for workers’ compensation claims for services they often shouldn’t. I’m not talking about insurance fraud but rather an unseen problem that routinely balloons out of control. It is vital to …

Microsoft Turned Down Facial-Recognition Sales on Human Rights Concerns

PALO ALTO, California — Microsoft Corp recently rejected a California law enforcement agency’s request to install facial recognition technology in officers’ cars and body cameras due to human rights concerns, company President Brad Smith said on Tuesday. Microsoft concluded it …

Real or Artificial? Tech Titans Declare AI Ethics Concerns

About the photo: In this March 21, 2019 photo a robot called “Pepper” is positioned near an entrance to a Microsoft Store location, in Boston. Microsoft, a company that often tries to position itself as an early thinker on ethics …

Chatbots Growing Role in Insurance Includes Claims

The insurance industry is slowly recognizing the potential of chatbots to free up resources and improve customer service, even as it recognizes the potential of the technology to sour relationships with customers, according to report released Tuesday by research firm …

Survey Finds Carriers Turning to Analytics to Fight Growth in Fraud

Insurers believe that fraud in on the rise, and they are increasingly turning to advanced analytics to fight it, according to the results of a survey released Wednesday by the Coalition Against Insurance Fraud. The Coalition said the survey of …

Insurtech Startup Pitching Chatbots for Workers’ Comp Claims

For years, automobile insurers have used automatic dialogue devices, called chatbots, to field calls from policyholders when they report claims. Last year, personal insurance startup Lemonade took the technology up a notch, boasting that it was closing claims in seconds …

Rise of the Robots Comes With Benefits and New Loss, Liability Scenarios

In the new report The Rise of Artificial Intelligence: Future Outlook and Emerging Risks, Allianz Global Corporate & Specialty (AGCS) identifies both the benefits and emerging risk concerns around the growing implementation of Artificial Intelligence (AI) in society and industry, …

Insurers Could Benefit From Robots That Aid in Digitizing Records

Most staple removers fit in the palm of your hand. This one would fill your living room and uses robotics and artificial intelligence. Ripcord, a startup backed with a $9.5 million funding round led by Kleiner Perkins Caufield & Byers, …

Why Hire a Corporate Lawyer When a Robot Will Do?

Lawyers, beware. Robots really are coming for your jobs. Exhibit A: Venture-capital firm Invoke Capital just made a multi-million-dollar investment in Luminance, which is developing artificial intelligence to automate the legal drudgery involved in corporate mergers and acquisitions. The robot …