The Evolution and Impact of Artificial Intelligence and What it Means to the Insurance Industry
Artificial intelligence (AI) has come a long way since its early days in the 1950s. Today, AI encompasses a vast field of computer science dedicated to building intelligent machines capable of performing tasks that traditionally require human intelligence. This article explores the historical development of AI, its significant milestones, and the profound impact it has on various sectors, with a particular focus on the insurance industry. As we delve into the complexities and opportunities presented by AI, we will also examine the challenges and strategic considerations essential for integrating AI technologies into modern organizations.