297. The Unbearable Existence of Insurance
This Machine Kills
00:00
Machine Learning and Actuarial Science in the Insurance Industry
This chapter discusses the connection between machine learning and actuarial science in the insurance industry. It explores the reliance on correlation and conjecture instead of causal relations, as well as the postmodern nature of the industry's narratives about risk and responsibility. Various examples of technology and data usage by insurers, such as computer vision and GPS tracking, are mentioned to optimize profit and personalize risk.
Transcript
Play full episode
