by AIP Online Bureau | May 13, 2023 | International News, Policy, Regulation, Reinsurance, Technology
Anyone who’s tried ChatGPT, Microsoft’s Bing chatbot or Google’s Bard will have quickly learned that they have a tendency to fabricate information and confidently present it as fact. These systems, built on what’s known as large language models, also emulate the...
by AIP Online Bureau | May 13, 2023 | Indian News, Non-Life, Regulation
The move by the Aviation Working Group, a UK-based entity that monitors leasing and financing laws, could raise leasing costs for Indian airlines and hurt lessors’ confidence just as the world’s third-largest domestic market faces record growth India has...
by AIP Online Bureau | May 13, 2023 | Banking & Bancassurance, Indian News, Regulation
Balances in savings/current accounts which are not operated for 10 years, or term deposits not claimed within 10 years from date of maturity are classified as ”unclaimed deposits” Recently, the RBI has also announced the setting up of a centralised web...
by AIP Online Bureau | May 13, 2023 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Technology, Workplace/Employee Benefits
The European Data Protection Board, which unites Europe’s national privacy watchdogs, said in April it had set up a task force on ChatGPT, a potentially important first step towards a common policy on setting privacy rules on AI Rapid advances in artificial...
by AIP Online Bureau | May 13, 2023 | Indian News, Life
Prashant Tripathy, managing director, Max Life Insurance Company , said, “Through our continued focus on introducing innovative products, expanding distribution strength across channels, and driving a balanced product mix, we delivered strong growth in Q4FY23.”...