Actuarial Artificial Intelligence, Career Risk or Job Reward?

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Artificial Intelligence

The use of actuarial artificial intelligence scares actuaries. They believe their job security is threatened. Forty years ago actuaries worked in shifts. The early shift calculated estimates, the later shift checked the work. The desktop computer dramatically changed that process but the number of casualty actuaries grew from 1000 in 1977 to 8000 today. The… Read more »