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Threat of haywire AI feeds calls for development pause, AXA Says

by AIP Online Bureau | Oct 31, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

Artificial intelligence can provide lots of benefits of society, “but obviously we need to have very clear rules that these benefits are not being abused,” Thomas Buberl, chief executive officer of Paris-based AXA, said during an interview while visiting the campus of...

Deadly explosion off Nigeria points to threat from aging oil ships around the world

by AIP Online Bureau | Oct 31, 2023 | Featured, Non-Life, Reinsurance, Risk Management

More than half the current fleet of FPSOs are recycled oil tankers, according to Oslo-based Rystad Energy, which keeps data on the ships. Senior analyst Edvard Christoffersen said that without a major repair, most oil ships have hulls built to last about 25 years. But...

Star Health profit rises 34% to Rs 125 crore in Q2

by AIP Online Bureau | Oct 31, 2023 | Workplace/Employee Benefits

Anand Roy, MD and CEO of Star Health and Allied Insurance, said, “We’ve witnessed strong growth in the second quarter of FY23-24 in line with our strategy, resulting in a 17 per cent increase in our Gross Written Premium (GWP). We saw increased demand in...

AIs could soon run businesses – it’s an opportunity to ensure these ‘artificial persons’ follow the law

by AIP Online Bureau | Oct 31, 2023 | Eco/Invest/Demography, Featured, Health, Regulation, Technology

Many functions inside small and large companies have already been delegated to AI in part, including financial operations, human resources and network management, to name just three. AIs can now perform many tasks as well as humans do. For example, AIs can read...

Cyber attack: ‘Operation Triangulation’ can access memory, take control of iOS device, says Kaspersky

by AIP Online Bureau | Oct 31, 2023 | Data, Technology

”The hardware-based security features of devices with newer Apple chips significantly bolster their resilience against cyber attacks. But they are not invulnerable. Operation Triangulation serves as a reminder to exercise caution when handling iMessage...
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