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Artificial General Intelligence: What It Could Mean for Property/Casualty Insurers

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12 December 2024
Donald Light

Abstract

Artificial General Intelligence (AGI) can be characterized as "highly autonomous systems that outperform humans at most economically valuable work" Source: OpenAI

As a potentially available technology Artificial General Intelligence (AGI), has many possible internal and external implications for the property/casualty industry.

The first step in thinking about AGI's possible impact on insurance is to consider the likelihood that AGI could reach a level of maturity with real world impact -- and the timeframe in which that could occur.

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