Emerging risks of artificial intelligence span all sectors - Business Insurance

Artificial intelligence promises to make sweeping changes across society, but a report released Thursday by Allianz Global Corporate & Specialty S.E. The report, The Rise of Artificial Intelligence: Future Outlook and Emerging Risks, says AI comes with both potential and risks in such diverse areas as economic, political, mobility, health care, defense and environmental. AI, the report said, "spans applications in almost every industry and has been predicted to increase corporate profitability in 16 industries across 12 economies by an average of 38% by 2035.