Every year an AI topic goes through a hype cycle. Since 2022 and now in 2023 we continue to hear more about the ChatGPT models and how an everyday person is able to interact with AI. As more startups and applications are riding the hype, what does it all mean for our industry? Is this just a buzz or real? This talk intends to cover at a high level what are large language models, what does it mean for audit or regulatory space, and what might be some pitfalls or tolerance of error when it comes to selecting a right application for such models in insurance use cases.
By the end of the session, attendees will understand:
- The AI models we are hearing so much about
- Understand their potential application in the life insurance industry
- Be able to think critically about the pros & cons of using such models in their personal and professional lives