Artificial Intelligence in Insurance - Thematic Research

Machine learning is an artificial intelligence (AI) technology which allows machines to learn by using algorithms to interpret data from connected'things' to predict outcomes and learn from successes and failures. There are many other AI technologies - from image recognition to natural language processing, gesture control, context awareness and predictive APIs - but machine learning is where most of the investment community's funding has flowed in recent years. It is also the technology most likely to allow machines to ultimately surpass the intelligence levels of humans. Many companies, like Alphabet, have already become'AI-first' companies, with machine learning at their core. At the same time, many ML techniques are getting commoditized by being open sourced and pre-packaged into developer toolkits that anyone can use.