Tag: but also creates new loss and liability scenarios

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Allianz Artificial Intelligence Report: Rise of the robots brings huge benefits for businesses, but also creates new loss and liability scenarios

.AI-based applications will increase vulnerability of businesses to cyber-attacks and technical failure, leading to larger-scale disruption and loss scenarios .Companies face liability challenges as responsibility shifts from human to machine and manufacturer. New framework needed to manage rise in AI-generated damages .Risk management can help maximize the net benefits of […]