Should insurers heed the AI ‘nuclear’ threat warning – or carry on regardless?

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Content director’s view: Jonathan Swift digests the Terminator-esque warnings over the growing use of AI and contemplates what they might mean for insurers and their customers.

As I write this on a Wednesday, I note a number of pretty explosive headlines in the morning papers.

‘AI could wipe out humanity,’ screams the Daily Mail; sentiments echoed by the i with ‘AI creators

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Lack of trust in telematics hampering potential

After a survey found only 8% of respondents had received any communication from insurers about adopting telematics-based insurance to help reduce premiums, Fairer Finance’s James Daley said “telematics still doesn’t seem to be fulfilling its potential”.

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