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Overview
AI instruments like ChatGPT maintain nice promise for remodeling varied points of the insurance coverage trade; nonetheless, it’s essential to method their use with an consciousness of the related dangers and moral concerns.
Drawing on on insights from AI consultants at Vacationers and Monitaur, this text delves into the probabilities and considerations surrounding the usage of OpenAI’s ChatGPT in enterprise settings:
- Confidentiality considerations / information leaks
- The hazard of over-reliance and automation bias
- Mental property points
- Potential advantages to the insurance coverage trade