AI is too risky to insure, say people whose job is insuring risk

Major insurers including AIG, Great American, and WR Berkley are asking U.S. regulators for permission to exclude AI-related liabilities from corporate policies. One underwriter describes the AI models’ outputs to the FT as “too much of a black box.” ​Major insurers including AIG, Great American, and WR Berkley are asking U.S. regulators for permission to … Read more

How this founder’s unlikely path to Silicon Valley could become an edge in industrial tech

Young’s age and background – things that might seem like disadvantages when it comes to more established industries – have become his secret weapons. When he walks into a room of executives twice or three times his age, he says, there’s initial skepticism. “Who the hell is this young guy and how does he know … Read more