Responsible and Human-Centric AI: Why It Matters for the Actuarial Profession

Amidst the recent flurry of activity around AI, actuaries will be in good company as they consider how to extract the benefits of AI advancements, while avoiding their downside risks.Actuaries that develop and deploy AI systems must consider how to deliver the potential gains in accuracy and speed, while avoiding risks like biased decision-making. At the same time, they must carefully consider how AI systems will integrate into employee workflows.Responsible AI and human-centric AI offer valuable guidance to address these issues and can assist actuaries in realising the benefits of AI.Moderator: Ernst Visser