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Red-Hot Reversals… And AI’s Impact On The Insurance Space 12/9/24

CNBC's "Fast Money"

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AI in Insurance: Promise and Pitfalls

This chapter examines the influence of artificial intelligence on the insurance industry, focusing on its application in claims evaluation and the potential negative consequences for patient care. It discusses the challenges of transparency in data collection and the biases against certain demographics that arise from using historical data. Through real-world examples, the conversation addresses the urgent need for reform and improved AI models to prioritize patient care over financial interests.

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