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UK PM Rishi Sunak plans to set up global AI watchdog in London: Report

by AIP Online Bureau | Jun 3, 2023 | International News, Regulation, Technology, Workplace/Employee Benefits

Among the ideas under consideration in Downing Street is setting up a global AI authority in London, modelled on the Vienna-based International Atomic Energy Agency (IAEA) London: British Prime Minister Rishi Sunak is considering a London-based global artificial...

83 pc Indians would delegate as much work as possible to AI: Microsoft report

by AIP Online Bureau | Jun 1, 2023 | Eco/Invest/Demography, Facts, Technology

‘The next generation of AI will unlock a new wave of productivity growth, removing the drudgery from our jobs and freeing us to rediscover the joy of creation. The opportunity and responsibility for every organisation and leader is to get AI right —...

Delhi to have AI-based traffic system by 2024-end Official

by AIP Online Bureau | May 31, 2023 | Indian News, Technology

Special Commissioner of Police (Traffic) Surender Singh Yadav said the government is putting a lot of emphasis on road safety due to the rising number of fatalities. “Around 2,300 crashes were reported in Delhi which accounted for 40 per cent pedestrian mishappenings....
Digitally advanced countries trust less on artificial intelligence: Swiss Re report

Digitally advanced countries trust less on artificial intelligence: Swiss Re report

by AIP Online Bureau | May 31, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology, Workplace/Employee Benefits

The most AI-trusting people hail from emerging digital growth markets such as India, Nigeria, Mexico, Indonesia, Philippines and Argentina` `What is surprising in ‘Decoding Digital Trust: A consumer perspective’ is that countries with advanced levels of...
Munich Re launches Next Gen AI-augmented underwriting solution

Munich Re launches Next Gen AI-augmented underwriting solution

by AIP Online Bureau | May 24, 2023 | International News, Life, Reinsurance, Technology

Munich Re also offers reinsurance on policies underwritten by these AI models as an optional service, providing insurers alignment of interest and peace of mind. To further support insurers, Munich Re can also finance the solution through reinsurance, mitigating any...
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